🌊 $MANTA : The Macro Bottom is In? 📉➡️🚀
The wait for a reversal might finally be nearing its end. Looking at the MANTA/USDT daily chart, we are seeing classic signs of a long-term bottoming formation. After months of "down only" price action, the volatility is narrowing—often a precursor to a powerful breakout.
🔍 Key Technical Takeaways:
The Accumulation Zone: Price has found strong historical support around the $0.070 – $0.075 region. Buyers are stepping in every time we touch this "Value Zone."
Wedge Breakout: We are currently testing the upper resistance of a massive falling wedge. A confirmed daily close above this trendline could trigger a rapid move toward the $0.12 and $0.15 levels.
RSI Divergence: Momentum indicators are starting to curve upward even while the price remains flat—a classic "bullish divergence" that suggests sellers are exhausted.
💡 Why Manta Now?
Beyond the chart, the ecosystem is heating up with the launch of Manta Labs and new AI-powered dApps like SUPERFORTUNE. With native staking now live and reducing the circulating supply, the fundamental "supply-crunch" is starting to align with the technical breakout.
The Plan: I’m watching for a high-volume breakout above the current resistance. If we flip the $0.085 level into support, the path to a 2x recovery becomes much clearer.
Are you accumulating $MANTA at these lows, or waiting for more confirmation? 👇
#MantaNetwork #MANTA #CryptoAnalysis #Altcoins #BinanceSquare $MANTA
