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$MANTA The rally is showing signs of fatigue, with sellers gathering before a key resistance.
Short $MANTA immediately
Entry: 0.08100 – 0.08170
Stop Loss: 0.0845
Take Profit 1: 0.07500
Take Profit 2: 0.07170
Take Profit 3: 0.06600
After a strong upward move, the price touched the extreme area of the upper Bollinger Band, and the RSI indicates extreme overbought conditions, suggesting that buying momentum may have peaked. The current price is approaching a historically dense resistance zone with strong selling pressure building up. This typical overheat signal usually indicates a profit-taking correction, and as long as the price cannot sustain its upward trend below this resistance level, downside potential will open up.
The opportunity to trade $MANTA is here 👇