โ ๏ธ $MANTA Sinks -8.79% โ Deep Correction Underway
๐ Snapshot:
Price: $0.2356
24h Change: โผ -8.79%
Momentum: Heavy selling pressure with sharp downside move
Volume: Increased sell volume โ caution sign
RSI: Heading toward oversold levels, signaling exhaustion possible soon
๐ Whatโs Happening?
MANTRAโs steep decline signals panic or profit-taking after recent strength. Support zones are critical now โ a bounce here could attract buyers, but failure may open deeper losses.
๐ก๏ธ Key Levels to Watch
Support Zone: $0.2300 โ $0.2350 (must hold for recovery chances)
Entry Range: $0.2320 โ $0.2370 (wait for signs of stabilization)
Stop Loss: Below $0.2250 (protect against further downside)
Resistance: $0.2500 โ $0.2600 (targets if bounce occurs)
๐ฏ Trading Strategy
Watch for bullish reversal candlesticks before entering
Use tight stop losses to manage risk
Take profits at resistance levels if bounce happens
โ๏ธ Strategy Type:
Correction & Bounce Setup
๐ Confidence Level: Medium โ high volatility calls for caution.
๐ฌ Comment โOM๐ก๏ธโ if youโre watching for the bounce or โOMโโ if youโre waiting on the sidelines.
