đ $MANTA : The Macro Bottom is In? đâĄïžđ
The wait for a reversal might finally be nearing its end. Looking at the MANTA/USDT daily chart, we are seeing classic signs of a long-term bottoming formation. After months of "down only" price action, the volatility is narrowingâoften a precursor to a powerful breakout.
đ Key Technical Takeaways:
The Accumulation Zone: Price has found strong historical support around the $0.070 â $0.075 region. Buyers are stepping in every time we touch this "Value Zone."
Wedge Breakout: We are currently testing the upper resistance of a massive falling wedge. A confirmed daily close above this trendline could trigger a rapid move toward the $0.12 and $0.15 levels.
RSI Divergence: Momentum indicators are starting to curve upward even while the price remains flatâa classic "bullish divergence" that suggests sellers are exhausted.
đĄ Why Manta Now?
Beyond the chart, the ecosystem is heating up with the launch of Manta Labs and new AI-powered dApps like SUPERFORTUNE. With native staking now live and reducing the circulating supply, the fundamental "supply-crunch" is starting to align with the technical breakout.
The Plan: Iâm watching for a high-volume breakout above the current resistance. If we flip the $0.085 level into support, the path to a 2x recovery becomes much clearer.
Are you accumulating $MANTA at these lows, or waiting for more confirmation? đ
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