$MANTA

MANTA/USDT Daily Point Analysis and Direction Prediction

Market Analysis

The current price of MANTA is $0.869, with a daily decline of 2.03%. From the daily chart, the price has retraced from a high of $1.349 and is now seeking support near the MA99 moving average (MA99 $0.861). The MA7 and MA25 moving averages are trending downwards, and the MACD death cross signal has not dissipated, indicating that bearish sentiment remains dominant. Trading volume has decreased, showing that market sentiment is relatively cautious.

Key Levels

• Support Levels: $0.850, $0.800

• Resistance Levels: $0.910, $0.950

Bullish and Bearish Direction Prediction

If MANTA continues to stabilize at the $0.850 support level, there is a possibility of a short-term rebound to the $0.910 area to test resistance, but the rebound strength may be limited. If it breaks below $0.850, it may further test the $0.800 support area.

Trading Recommendations

1. Long Position Strategy:

• Entry: Go long after stabilizing at $0.850

• Take Profit: $0.910, $0.950

• Stop Loss: $0.830

2. Short Position Strategy:

• Entry: Go short after being blocked at $0.900

• Take Profit: $0.850, $0.800

• Stop Loss: $0.920

Summary

Currently, bears dominate MANTA. Pay attention to the strength of the $0.850 support level. It is recommended to primarily focus on shorting high and going long low while strictly controlling risk.