Manta Network (MANTA) has experienced a sharp price recovery, jumping +15.94% in the last 24 hours to reach $0.0725 after hitting an all-time low of $0.0600 on February 6, 2026. This pump is primarily a technical "oversold" bounce triggered by extreme turnover metrics—daily trading volume recently hit $10.22 million, representing over 30% of its entire market cap. This massive turnover indicates intense accumulation by buyers stepping in at the bottom, finally exhausting the heavy selling pressure that dominated the previous week. Additionally, on the 4H chart, MANTA has successfully cleared its EMA(99) resistance at $0.0783, signaling that bullish resilience is returning even as the broader market remains fearful.
Fundamental catalysts are also beginning to align as the ecosystem pivots toward institutional DeFi solutions in Q1 2026. Manta's recent upgrade to offer fast finality through $BTC and $MANTA restaking has strengthened its narrative as a leading modular Layer 2 for ZK applications. While a minor token unlock for advisors is scheduled for late February, the current market sentiment is being driven by "bottom-fishing" investors who view the current -98% drop from its $4.08 ATH as a high-reward entry point for a long-term recovery. Traders should watch for a daily candle close above $0.0800 to confirm that this pump is the start of a sustained growth cycle rather than a temporary relief rally..
