🔴🔴Forecast for cryptocurrency #MANTA based on the liquidation map🔴🔴

Current situation:

The chart shows that the price of the MANTA cryptocurrency declined from early March to the end of May, reaching a low of around 1.36662 USDT 📉. Subsequent price movements show a slight recovery with current levels around 2 USDT 📈.

Elimination levels:

The liquidation map shows a significant number of liquidations (yellow-green lines) at the level of 2 to 3 USDT 📊. Increased volatility can be expected in these liquidation zones, as liquidations lead to additional selling and buying.

Technical indicators and trends:

A downward trend from March to May indicates the weakness of the asset during this period 📉. From the end of May, some price growth and consolidation is visible, which may indicate a possible trend reversal 📈.

Forecasts and key levels:

If the current uptrend continues, the nearest target will be around 2.5 USDT, where large liquidations are observed 📊. If the level of 2.5 USDT is broken, the next target will be around 3 USDT 🚀. If the price cannot stay above 2 USDT and begins to decline, a possible fall to levels around 1.5 USDT, where there are also liquidation zones ⚠️.

Recommendation:

Keep an eye on key liquidation levels (2 and 3 USDT) as they can serve as support and resistance zones 🔍. Consider the increased volatility in these zones when planning your trading strategies 📊.

🔍 Tip: Closely monitor changes in trading volume and price behavior in liquidation zones to respond to market changes in a timely manner and adapt your investment decisions.