The upward momentum has not been confirmed by trading volume, and the price is gradually losing steam in the extremely overbought zone (RSI > 89). Buyers appear hesitant at the high points, and sellers are starting to take control. This rally driven by capital seems to be exhausted. Below the key resistance zone, liquidity is becoming heavy, which usually indicates that the price will undergo a deep correction.
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$MANTA institutional rally shows signs of fatigue, and selling pressure is beginning to build.
Short $MANTA now
Entry: 0.080 – 0.082
Stop Loss: 0.0825
Target 1: 0.0760
Target 2: 0.0745
Target 3: 0.0680
The upward momentum has not been confirmed by trading volume, and the price is gradually losing steam in the extremely overbought zone (RSI > 89). Buyers appear hesitant at the high points, and sellers are starting to take control. This rally driven by capital seems to be exhausted. Below the key resistance zone, liquidity is becoming heavy, which usually indicates that the price will undergo a deep correction.
Trade $MANTA here 👇