🚨📉What happened with $MANTA?
Textbook Case of Structural Breakdown
The chart shows a crash of nearly -80% from the highs, with the breakdown occurring in early March and increasing volume, a clear sign of institutional distribution. The 0.285–0.413 USDT zone, once support, has now turned into strong resistance, rejecting recovery attempts.
🧠Operational Strategies in Case of a Crash
If you're already in:
- Avoid averaging down without a clear plan.
- Use a dynamic stop loss (e.g., below 0.165).
- Lack of capitulation volume suggests further downside.
- Consider partial exits to free up capital.
If you're flat:
- Don’t try to catch the bottom.
- Wait for consolidation above 0.20 USDT with volume confirmation.
Safer entry: breakout and retest of the 0.285–0.334 zone.
Stop loss: below 0.155 – Targets: 0.334 / 0.413 / 0.723.
Conclusion
We are deep into the post-hype disillusionment phase. The goal is not to catch the bottom, but to wait for objective reversal signals. No rush—risk management comes before profits.