$MANTA $MANTA (long or short)
#MANTA /USDT Trading Analysis💥
1. Support Levels:
Immediate: $1.176 (EMA 7).
Strong: $1.125 (EMA 25).
Critical: $1.055 (EMA 99).
2. Resistance Levels:
Immediate: $1.227 (24h high).
Next: $1.241 (depth resistance).
Critical: $1.300 (psychological level).
Long or Short?🤔
Long: Favorable due to the bullish momentum and price trading above all key EMA levels. A breakout above $1.227 could push the price toward $1.241 or even $1.300.
Short: Only consider if the price drops below $1.176 (EMA 7) with strong bearish volume, signaling a potential correction.
Suggested Strategy📢
Entry💥
Long: Enter above $1.227 for continuation.
Short: Enter below $1.176 for a potential retracement.
Targets (Long)🚀
Target 1: $1.241
Target 2: $1.300
Stop-Loss🔴
Long: Below $1.176.
Short: Above $1.227.
The market favors a long position, as
#MANTA /USDT exhibits strong bullish momentum. However, monitor the support at $1.176 closely, as a break below this level could signal a potential reversal.📌
