MANTA has broken out of a clean ascending triangle formation, confirming bullish strength. The breakout happened just above a key horizontal resistance and the 50 EMA, flipping both into support.
The chart shows a strong impulse candle on breakout, with a well-placed stop below the ascending trendline and a healthy 4.5R risk-reward to the upside. RSI sits near neutral (50.86), suggesting there's still room for price expansion.
DYOR, NFA
The chart shows a strong impulse candle on breakout, with a well-placed stop below the ascending trendline and a healthy 4.5R risk-reward to the upside. RSI sits near neutral (50.86), suggesting there's still room for price expansion.
DYOR, NFA
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