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MANTAUSDT trade ideas

MANTA Breaking Out: On Track for $10 and Beyond!OMXHEX:MANTA USDT: Long Position 🚀 MANTA is breaking out from a falling wedge pattern, a classic bullish reversal setup. The price has recently breached the key resistance trendline and is trading above the 100 MA, suggesting a strong upward momentum. If the breakout sustains, significant upside potential lies ahead as indicated in the chart. 📌 Entry Point: Current Market Price (CMP) around $0.80 📈 Additional Positions: Consider adding on retests near $0.74–$0.64 for a safer entry. 🎯 Targets: $1.40 $1.90 $2.50 $3.20 $10.50 (Final Target) ⛔️ Stop Loss (SL): $0.64 to manage downside risk. ⚖️ Leverage Advice: Use leverage cautiously, between 2x and 5x, depending on your risk tolerance. #Crypto
Long
by CRYPTOMOJO_TA
2
MANTA/USDT - Swing Position Date: 09/12/24 Name: MANTA/USDT Market cap $375.57M 7.89% Volume (24h) $99.38M 3.67% FDV $976.78M Vol/Mkt Cap (24h) 26.66% Total supply 1B MANTA Max. supply -- Circulating supply 384.5M MANTA Daily Time Frame – Swing Position – Long! Reasons to be Bullish Case: 1) Structure: Overall trend is bullish, Trending. 2) Current phase: Break of structure, and continuing the uptrend (4) Internal: Structure Shift towards upside, Pull Back done, uptrend continuation, internal Shift, ready to sky rocket. (5) Important Key notes: . - Relatively new project for this bull cycle, Great fundamentals, overall uptrend since launch. Quite bullish. Needs a catalyst to sky rocket. - Currently holding Previous resistance as its support and key level on Daily Time frame Worst case Senerios: 4) Bitcoin is currently at All time high, liquidation flush remaining ($75k – $80k) 5) Due to liquidity generated and Demand zone sitting below. 6) if $0.95 is not hold, then we can see further buying opportunities on marked point of interests. 7) Invalidation – $0.55 Trade Plans: BUY CMP: $1.2 DCA: NYSE:CMP – $0.55 Invalidation: 0.55 Trend Based Fibionacci Targets: Target 1: $2.51 Target 2: $ 3.72 Target 3: $ 4.47 Target 4: $ 5.68 **This is not a financial advice, these are my personal trade journals, Do your own research before taking any action. **
Long
by zain9674
MANTAUSDT: Broke out of wedge!!Join our community and start your crypto journey today for: In-depth market analysis Accurate trade setups Early access to trending altcoins Life-changing profit potential Let's analyse MANTAUSDT fundamentally and technically. FUNDAMENTAL ANALYSIS: Manta Network is the modular ecosystem for web3. Users can build and deploy any Solidity-based decentralized applications on Manta and leverage its technology stack to deliver faster transaction speeds than an L1 and lower gas cost than an L2. TECHNICAL ANALYSIS: MANTA has successfully broken out of a falling wedge pattern on the daily chart. The price is currently supported by the 50-day Moving Average. A retest of the breakout point has been observed, indicating strong underlying bullish momentum. Key Level: Entry zone: Current Market Price to $0.677 Targets: A potential 3-4x gain from the entry point. If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see. Happy Trading!!
Long
by persis10t
MANTA 1D. Accumulation Ends. 12/02/24Previously, the price spent considerable time in an accumulation phase. After finding a bottom at $0.583, an upward trend began to form. Currently, the price is testing a resistance level, attempting to break through and consolidate, which could indicate a continuation of the uptrend. Although unsuccessful so far, it seems to be only a matter of time. In the short term, a slight pullback is expected, followed by, in my opinion, continued growth. Entry Plan (EP): $1.05 - $0.95 Take Profit (TP): $1.535 $1.869 $2.222 Stop Loss (SL): $0.747 For spot positions: no stop-loss recommended. DYOR.
Long
by trendbooster
#MANTA: Empowering Privacy in DeFi TransactionsDescription: This trading idea focuses on MANTA, a cryptocurrency designed to bring advanced privacy features to decentralized finance (DeFi). Built on the Substrate framework, MANTA leverages zk-SNARK technology to ensure secure and private on-chain transactions, making it a standout project in the growing DeFi ecosystem. Its ecosystem aims to address the critical need for privacy in decentralized applications by enabling anonymous trading, staking, and payments. With increasing regulatory scrutiny and rising concerns over data privacy, MANTA is positioned to gain traction as a key player in the privacy-focused blockchain space. Despite its promising fundamentals, the cryptocurrency market remains highly volatile and influenced by external factors such as regulatory changes, macroeconomic events, and market sentiment. Investing in MANTA or any digital asset carries significant risks and requires careful planning and risk management strategies. Disclaimer: This trading idea is for educational purposes only and should not be considered financial advice. Trading cryptocurrencies like MANTA involves substantial risks, including the potential for complete loss of capital. Always conduct your own research, evaluate your financial situation, and consult a financial advisor before making investment decisions. Past performance is not indicative of future results.
Long
by MoonTradingForecast
Will MANTAUSDT Break Out or Break Down? Critical Moment ApproachYello, Paradisers! 🚨 Are you ready for the next potential breakout, or are you about to miss a crucial move? Let’s dive into MANTAUSDT and see what the charts are telling us! 💎MANTAUSDT has bounced off a key support zone and has shown a Change of Character (CHoCH) towards a bullish market structure. Additionally, a bullish divergence has formed, further increasing the chances of an upward move. 💎While the probability of a rise looks high, caution is essential as the price approaches the resistance trendline. If the price breaks through this resistance with strong candles, it will signal bullish strength. 💎Should the price break out and close a candle above the resistance zone, we could see the formation of a W-pattern structure, significantly boosting the likelihood of a bullish move. 💎However, if the price breaks down and closes below the support zone, our bullish outlook will be invalidated. In that scenario, it’s wiser to wait for better price action before making any moves. Strive for consistency, not quick profits. Stay patient, disciplined, and keep those emotions in check, Paradisers! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
MANTA 400% Gain IncomingOMXHEX:MANTA - Technical Analysis Request Three distributions shown. The current range is likely an accumulation before a breakout. The value are lows shown of the previous ranges will be the most important resistance zones. From current price 400% possibility to ATH #MantaNetwork Lows of the range has been swept. Next challenge is to break the trendline and continue upwards. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice. This is for educational purposes only.
Long
by Navitility
2
MANTAUSDT on the Verge: Will Key Support Hold or Break?Yello, Paradisers! Are you ready for a potential breakout that could shake up the market? Let’s dive into what’s unfolding with #MANTAUSDT and how it could impact your next trading move. 💎Currently, #MANTAUSDT is tracking a descending channel pattern, positioning itself near a potential breakout zone that could fuel a strong upward surge. Right now, #MANTA is testing a critical support level at $0.698. If the price holds this momentum, there’s a high probability we’ll see a bullish push, potentially breaking above the descending resistance. 💎But what if momentum falters? If #MANTA loses strength at the key support of **$0.698** and drops below, this would signal weakening bullish power, opening up room for sellers to step in. In this scenario, keep an eye on the lower demand zone at $0.614 a level that has historically held strong for buyers. A rebound from here could sustain the bullish outlook, but if #MANTA falls below $0.614, it could invalidate this setup and lead to a deeper decline, marking a potential shift toward bearish sentiment. Stay sharp, stay strategic, and always keep the bigger picture in mind. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
2
Manta gave a Buy signal againOMXHEX:MANTA 1D; Manta gave a Buy signal again with its upward trend breakout. With a close above the -OB level, it will start an uptrend. Subsequently, it will make a small retracement and look for support by descending to the IMB zone that it will leave behind according to technical analysis and will rise towards the OB resistance level, which is the gray box above. Since it will retest this zone, it may make a stumble again, but there is a possibility that it may break here with the positive signs that may come from the Btc side. For those who do not want to risk, some profit can be taken at this level. #manta #modular
Long
by ugurtash
Mantausdt trading opportunityMANTA/USDT is currently moving in a descending channel, suggesting a corrective phase, with the channel approaching a key support level where a potential double bottom could form. However, there is immediate internal resistance ahead, which could be challenging for the price to break. A rejection from this resistance is likely to push the price further down towards the main accumulation zone. Conversely, a breakout above this resistance would signal strong bullish potential, with the price likely to follow the projected path toward the sell-off area. We welcome your insights on this setup.
by weslad
#MANTA/USDT Trade Setup, 600% Spot Long potential!Manta Breakout Alert! Manta is trading at a long-term resistance of $0.72, and I’m anticipating a breakout. While there’s a slim chance of a retest around $0.60 in the coming days, once we see a confirmed breakout and a successful retest, the potential upside could take us to $4. Trade Setup: • Entry Range: $0.576 - $0.725 • Targets: $1.04, $1.518, $2.267, and $4.05 • Stop Loss: $0.48 • Risk-Reward Ratio: A highly attractive 1:36 I plan to make $100k with a margin of $10k at 5x leverage on this trade! I am already positioned and will keep you updated on this. Let me know your thoughts in the comments! If you find this analysis valuable, hit that like button. For more setups like this, follow me and share this setup with your friends. Thank you, and peace!
Long
by Cryptorphic
1