MANTA Breaking Out: On Track for $10 and Beyond!

17 nov 2024

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

9 dic 2024

Trade attivo

#MANTA is almost 90% up from entry