$MANTA / USDT 15-Minute Chart Analysis🚀

The $MANTA / USDT pair is currently trading at $0.979, marking a -5.23% decline for the session. Here's a breakdown of the key technical details:

1. Key Price Levels:

24H High: $1.043

24H Low: $0.952

Resistance levels can be seen near $0.989 and $1.005.

Immediate support is found at $0.952.

2. Moving Averages (MA):

MA(7): $0.972 (yellow line) - Short-term average acting as immediate support.

MA(25): $0.969 (pink line) - Providing mid-term support.

MA(99): $0.989 (purple line) - Resistance on the longer time frame.

3. Price Movement:

The chart shows that MANTA is trading below the MA(99), indicating downward pressure in the short term. A rejection at $0.989 earlier suggests that bulls are struggling to reclaim higher levels.

4. Volume:

Strong 24-hour volume at 19.89M MANTA, with consistent USDT trading volume at 19.57M.

Conclusion:

MANTA/USDT remains in a consolidation phase, trading between $0.952 (support) and $0.989 (resistance). Traders should watch for a breakout above the MA(99) for bullish confirmation or a retest of $0.952 for possible downside continuation. For short-term traders, the MA(7) and MA(25) crossover may hint at potential upward momentum if sustained.

Key Levels to Watch:

Resistance: $0.989, $1.005

Support: $0.952

Short-term outlook remains neutral to slightly bearish, with the price needing a push above $0.989 for any meaningful rally.