MANTA: A Potential Reversal on the Horizon? 🧐
#MANTA continues its downward journey, with no significant price action above the listing price. 👀 The chart is starting to paint a bearish Head And Shoulders pattern, which could signal a potential #Bullish reversal. 📈 However, the price is currently hovering around a support level with a confluence of trendlines. 📊
This setup presents a risky opportunity for buyers of $MANTA . ⚠️ It's advisable to adopt a cautious approach and consider taking a smaller position, waiting for a decisive breakout above the resistance before increasing exposure. 💼