$MANTA is rising again .. it will rise again ..it will hit again 1.2 soon..
### Technical Analysis Report for $MANTA /USDT
The current price of $MANTA /USDT is $1.016, showing no percentage change over the last 24 hours, with a 24-hour high of $1.023 and a low of $0.978, indicating moderate volatility. The short-term MA(7) is $1.010, the medium-term MA(25) is $1.005, and the long-term MA(99) is $1.002. The MA(7) being above both MA(25) and MA(99) suggests a bullish trend.
The 24-hour volume for MANTA is 7.94M, while for USDT it is 7.95M, showing balanced trading activity. Volume analysis reveals consistent trading with a notable spike, indicating increased buying pressure. The order book shows a bid-ask spread from $1.015 to $1.016, with a 61.52% bid dominance against a 38.48% ask, reflecting buying strength.
The immediate support level is around $0.999, while the resistance level is at $1.017. A break above $1.017 could lead to further gains, while a fall below $0.999 might suggest a correction. The market sentiment remains neutral to slightly positive, with the recent price and volume dynamics supporting a potential upward movement. Regular monitoring of moving averages and volume is recommended to stay aligned with market trends.
