MANTA / TetherUS
Long
Updated

MANTAUSDT: Broke out of wedge!!

699
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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.

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Happy Trading!!
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Almost 75% up from our entry!!
snapshot

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