#MANTA Manta hit the highest impact of 3.89 and then began to fall back. The daily level formed a double top, and the market may fall further
We have previously analyzed the reasonable price of MANTA from TVL, which should be between 2-2.6. The current price contains FOMO components, and there are also some market makers' manipulation components
Don't chase highs above 3, it's easy to get stuck. You can try to short in the range of 3.6-3.9, but pay attention to position control because the volatility of the cottage is relatively large
Continue to pay attention to 2-2.6 below. When it reaches this area, we can start to deploy the spot