MANTA Token Update: Bouncing from Rock Bottom?
Current live price: $0.080 USD, up 19% in 24 hours after hitting ATL at $0.060 last week. This low-cap gem ($37M market cap) is showing early reversal signs amid broader crypto recovery.
Price action: After a brutal 98% drop from $4.05 ATH, MANTA consolidated in the $0.06-0.07 support zone on low volume.
Exhaustion wicks and green candles signal buyer control, with a short squeeze brewing—funding rates at -0.087% and shorts liquidated 89%. RSI at 63 confirms momentum without overbuying.
Why the move? Macro sell-off pressured risk assets, but Bitcoin stabilizing above $68k is rotating capital back. MANTA's modular ZK ecosystem (DeFi/AI apps like ZeroLend) adds value, with TVL over $100M driving organic demand.
Trend: Short-term up, targeting resistance at $0.073. Break it for $0.077-0.082 TPs. Long-term bearish unless $0.073 flips support—watch for rejection back to $0.065.
Near-term TPs: Partial at $0.077, full at $0.082 if volume spikes. Stay vigilant on unlocks diluting supply.
Manage risk—use stops, don't chase. What's your take? Reply below!
Need your Tip please.
Buy $MANTA 👇
