Rising Star manta has reached a maximum of 3.9u, may there be new opportunities now?

When it is above 3.5, the short-term market has broken out of the top structure; fundamentally, manta is the new star of L2, with TVL as the fundamental support below, so we only start from the market perspective and technical aspects.

Yesterday, we did a manta rebound near 2.8. Why? 2.8 formed the first buying point on the central structure of two transactions (aggressive players won the prize). Looking at it today, it has not yet formed a divergence after exiting, and encountered resistance near 3.1. There may be further shocks in the future. In terms of cargo, if 2.73 is broken, the first batch of construction can be carried out.

Personal opinions are not investment advice