$MANTA **MANTA/USDT Trading Analysis – Layer 1 Token Showing Strength**

**Current Price:** $0.290 (+4.69%)

**Category:** Layer 1 / Layer 2 Solution

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**Key Market Data**

- 24H High: $0.291 (Testing resistance now)

- 24H Low: $0.260 (Strong support level)

- 24H Volume (MANTA): 9.46M

- 24H Volume (USDT): $2.58M

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**Technical Analysis & Trade Setup**

**Bullish Factors:**

- RSI(6): 50.28 (Neutral with upside potential)

- Price approaching 24H high with +4.69% daily gain

- Volume increasing near resistance ($458K recent volume)

**LONG Setup (Breakout Strategy)**

- Entry: $0.292+ (Confirmed break above $0.291)

- Take Profit Targets:

- TP1: $0.300 (Psychological resistance)

- TP2: $0.310 (Next resistance zone)

- Stop Loss: $0.280 (Below recent swing low)

**SHORT Setup (If Rejected)**

- Consider only if price fails $0.291 and drops below $0.285 with volume

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**Why MANTA Could Move?**

- Layer 1 narrative remains strong in current market

- Testing key daily resistance level

- Volume suggests growing interest

**Risk Management Notes:**

- Layer 1 tokens can be volatile

- Watch Bitcoin's movement for market direction

- Consider smaller position size due to lower liquidity

**Key Levels to Watch:**

- Resistance: $0.291 → $0.300 → $0.310

- Support: $0.280 → $0.260

#MANTA #Layer1 #USDT #Breakout

#Crypto