$MANTA
/USDT Technical Analysis & Trade Signal
Current Price: $0.923
24h Price Change: +9.10%
Technical Analysis
Trend: Bullish (Recent price increase suggests upward momentum)
Support: $0.720
Resistance: $0.943
RSI (Relative Strength Index): Likely in the neutral/bullish zone (between 50-70)
MACD (Moving Average Convergence Divergence): Positive, indicating a potential uptrend.
Trade Signal
Buy Signal: If the price holds above $0.923, look for upward momentum toward resistance.
Target Levels (3 price levels)
1. Target 1: $0.960 (Immediate resistance area)
2. Target 2: $1.00 (Psychological round number & next key resistance)
3. Target 3: $1.08 (Extended resistance target)
Trade Momentum
Strong momentum upward as price crosses key resistance of $0.923.
Risk: Watch for a drop below the $0.920 support; this would signal a potential reversal.
This analysis suggests that the price has a bullish outlook in the short term, but traders should remain cautious and set stop-loss orders accordingly.
