MANTA/USDT — Morning Market Update (4H Analysis)
Price: $0.0924
24h High: $0.0942
24h Low: $0.0883
Market Cap: $50.19M
Volume (24h): $6.12M
4H Chart Overview
MANTA has stabilized after hitting the $0.0883 low and is now trading close to the MA7, indicating early recovery signs.
MA7: 0.0921 (Price holding above this is positive)
MA25: 0.0941 (First resistance)
MA99: 0.1061 (Long-term trend resistance)
Market is currently in a neutral-to-bullish structure.
Indicators
RSI (6): 48.14
Neutral zone → No overbought pressure, room for upward movement.
MACD
Green momentum slowly building → Early shift toward buyers.
Order Book
Buy orders strong: 0.0910 – 0.0920
Sell pressure moderate: 0.0935 – 0.0955
This shows buyers active near support, while sellers are not very aggressive.
Fundamentals
Circulating Supply: 544M MANTA
Total Supply: 1B MANTA
ATH: $4.083
Currently 97% below ATH → High long-term upside if market recovers.
Today’s Levels
Support: $0.0890 / $0.0880
Breakout Zone: $0.0942
Target 1: $0.0970
Target 2: $0.1000
Holding above $0.0883 keeps the structure bullish for a short-term move.
Summary
MANTA is showing early signs of reversal with strong support buying and improving momentum.
A breakout above $0.0942 may trigger a short-term bullish move.
