The daily chart for $MANTA is reaching a critical "make-or-break" junction. Currently, price action is grinding against a heavy descending resistance line and the formidable Ichimoku Cloud. In the world of technicals, this is the ultimate test of trend reversal!
📈 The Game Plan
The trend remains cautious until we see a definitive structural shift. Entry is strictly recommended only after a clean daily candle close above both the trendline and the Cloud resistance. A successful breakout would signal that the bulls have officially reclaimed the driver's seat. 🏎️💨
🎯 Potential Upside Targets
If the breakout is confirmed with strong volume, keep your eyes on these key liquidity zones:
$0.0923
$0.1135
$0.1307
$0.1479
$0.1723
$0.2035 (Major Resistance)
🛡️ Risk Management
⚠️ Don't chase the pump! Always apply tight stop-losses and maintain strict risk management. High volatility is expected as we test these macro levels.
MANTAUSDT
Perp
0.08077
+2.63%