MANTAUSDT Approaching Descending Channel Resistance

MANTAUSDT Technical analsysis update

MANTA has been trading within a descending channel for the past 150 days. The price now moves toward the channel's resistance, signaling a potential breakout. Currently, the daily chart shows that the price is trading above 100 EMA. Once a breakout occurs, a strong bullish move can be expected.

Buy zone : Below $0.88

Stop loss : $0.715

Regards
Hexa
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