MANTA/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.
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.
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Price tapped inside demand zone several time and now making a strong recovery, this current path will break above important resistance level.
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📢Follow the official links only! Trade smart, stay safe! 🎯
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.