Manta Network priceMANTA

📉 $MANTA has been stuck in a long consolidation after the massive sell pressure from the dev team. Today’s +8% move is notable, but the broader trend hasn’t changed. 🔍 The weekly structure is still flat, and buyers haven’t shown sustained commitment. This type of price action often reflects a market that lost confidence and is waiting for new catalysts. ⚠️ Good reminder: tokens with heavy unlock cycles or insider distribution can stay suppressed far longer than most expect.

$MANTA is targeting the $0.1254 zone with strong bullish momentum. The chart shows a clean vertical climb where $MANTA /USDT broke through multiple minor resistances without hesitation, confirming strong buyer dominance. After reclaiming the 0.1200 level, price created a solid bullish structure with consecutive higher lows and strong candle bodies, indicating continuation potential toward the recent 24h high around 0.1254. For long traders, this breakout provides a clear opportunity as long as price sustains above the 0.1180 support zone. Any short pullback into this level can become a fresh long entry before the next upward expansion. Short traders should stay cautious because current momentum favors buyers and no major reversal signal is present yet. Only below 0.1180 a short correction may start toward 0.1150, but for now the bias remains bullish.

I’m finally going to buy $MANTA Here’s why: on the 1-hour chart, $MANTA has established a strong support zone and just broke out with a clean bullish candle. Momentum is turning upward, the chart structure has flipped, and this rally could move fast. Consider placing your limit orders between $0.1100 and $0.1125 to get in before the next leg up. The reversal is obvious, and timely entry could lead to quick gains. Trade Setup: Entry Range: $0.1150 – $0.1185 Target 1: $0.1210 Target 2: $0.1280 Target 3: $0.1350 Stop Loss: $0.1060 If you want, I can also provide a more aggressive strategy or a long-term spot version.

Bitcoin holds strong, altcoins start showing strength The crypto market remains resilient today, with Bitcoin (BTC) hovering around $69,800, maintaining its weekly gains despite a slight intraday pullback. The consolidation above $68k suggests strong support from institutional buyers, especially after recent ETF inflows. Meanwhile, Ethereum (ETH) continues to trade near $3,300, with renewed optimism around upcoming scalability upgrades and growing Layer-2 adoption. L2 tokens like ARB, OP, and MANTA are seeing mild rebounds after weeks of pressure. One standout performer this week is Solana (SOL), which climbed above $190, extending its remarkable recovery. The ecosystem’s strong DeFi and meme-coin activity continue to attract new liquidity. On the flip side, meme coins are facing mixed momentum — while DOGE remains range-bound, PEPE and BONK saw fresh inflows, hinting at a potential retail rotation. Key Themes to Watch BTC ETF Flows: Net inflows continue to show institutional confidence — watch for U.S. CPI data later this week for potential volatility. Altcoin Rotation: Traders are slowly rotating profits from BTC into Layer-1 and Layer-2 ecosystems. Market Sentiment: Fear & Greed Index remains in “Greed” territory — a sign the market might be due for short-term correction. Emerging Narratives: AI-related and gaming tokens (like FET, RNDR, IMX) are gaining early traction again. Short-term volatility is likely as traders react to macro data, but the medium-term outlook stays bullish. Accumulation during dips, especially on strong fundamentals, still seems to be the preferred strategy among smart money. For builders and long-term believers, this phase of consolidation is an opportunity — not a setback.