$MANTA

MANTA/USDT Daily Price Analysis and Direction Forecast

Market Analysis

The current price of MANTA is $0.869, with a daily drop of 2.03%. Looking at the daily chart, the price has retreated from the 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 still dominates. The 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

Long and Short Direction Forecast

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

Operational 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, MANTA is dominated by bears. Monitor the strength of the $0.850 support level, and the operational suggestion is to focus on shorting high and longing low while strictly controlling risks.