MANTA: A Potential Reversal on the Horizon? ๐ง
#MANTA continues its downward journey, with no significant price action above the listing price. ๐ The chart is starting to paint a bearish Head And Shoulders pattern, which could signal a potential #Bullish reversal. ๐ However, the price is currently hovering around a support level with a confluence of trendlines. ๐
This setup presents a risky opportunity for buyers of $MANTA . โ ๏ธ 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. ๐ผ