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$MANTA Relief Rally Active, But Supply & Flow Risks Ahead
Bias: Cautious Bullish (short-term), volatility risk remains
Market Structure
MANTA has printed a short-term trend reversal, bouncing strongly from the $0.076–0.078 demand zone and forming higher lows. The impulsive move has reclaimed key intraday structure, but price is now approaching a local supply area, where momentum may slow or rotate.
Key Levels
Immediate Resistance: $0.0875–0.0900 (recent high + sell pressure)
Major Resistance: $0.095–0.100 (range high / prior distribution)
Support: $0.082–0.080 (bullish retest zone)
Major Support: $0.076–0.075 (trend invalidation level)
Momentum & Indicators
EMA Stack: 7 EMA > 25 EMA > 99 EMA → bullish short-term structure
MACD: Positive but histogram flattening → momentum slowing
RSI: Cooling from overbought → healthy, but upside may pause
📊Volume & Flow Analysis
Volume expanded during the breakout, confirming real buyer participation
Order flow shows large-holder outflows, suggesting profit-taking into strength
Bid/ask ratio remains slightly buyer-dominant, but not aggressive enough for a clean continuation yet
🛑Risk Notes
Reported scam-related investigation headlines may inject sudden volatility
Large-holder selling could cap upside if volume fades near resistance
💬Summary
MANTA’s rebound is technically valid and supported by EMAs and structure, but supply overhead and smart-money outflows call for disciplined entries. Best risk/reward favors buying pullbacks, not chasing green candles.
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