$MANTA /USDT Technical Analysis Report
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Current Price: 1.016 USDT (+1.60%)
Key Information:
- **24h High:** 1.043 USDT
- **24h Low:** 0.918 USDT
- **24h Volume (MANTA):** 20.40M
- **24h Volume (USDT):** 20.28M
- **Market Sentiment:** Bullish (+9.13% in Rs)
Trading Data:
Timeframes:
- **15 Minutes**
- **1 Hour**
- **4 Hours**
- **1 Day**
Recent Performance:
- **7 Days:** +0.20%
- **30 Days:** +17.19%
- **90 Days:** -16.31%
- **180 Days:** -44.66%
- **1 Year:** -58.95%
Order Book:
- **Bid/Ask Ratio:** 47.64% / 52.36%
- **Significant Buy Orders:** 24,791.2 at 1.015 USDT, 22,250.8 at 1.014 USDT
- **Significant Sell Orders:** 22,426.3 at 1.018 USDT, 17,177.9 at 1.017 USDT
Technical Indicators:
Moving Averages (4H Chart):
- **200 MA:** Below the current price, indicating a bullish trend.
- 50 MA: Approaching the 200 MA, which could potentially form a "Golden Cross", a strong bullish signal.
RSI (Relative Strength Index):
- Current RSI: 65 (approaching the overbought territory but still within a reasonable range)
MACD (Moving Average Convergence Divergence):
- **MACD Line:** Slightly above the Signal Line, indicating potential bullish momentum.
Price Analysis:
The MANTA/USDT pair is currently experiencing a bullish trend, with the price holding above key support levels. The current price is testing the 1.016 level, which, if sustained, could lead to further upward movement.
Support Levels:
1. 1.000 USDT
2. 0.950 USDT
Resistance Levels:
1. 1.050 USDT
2. 1.100 USDT
Conclusion & Trading Signal:
Based on the analysis, MANTA/USDT is currently in a bullish trend. The positive moving average indicators and bullish MACD signal suggest that the price could continue to rise in the short to medium term.
Bullish Signal: Consider entering a long position if the price sustains above 1.016 USDT with a target of 1.050 USDT and 1.100 USDT. Place a stop-loss order below the support level at 1.000 USDT to manage risk.
Hashtags:
#MANTATechAnalysis #Write2Earn! #CryptoSignals #BullishTrend