Manta Network/BTC (MANTABTC) experienced a bearish consolidation over the past 24 hours, trading within a narrow range of 1.44–1.51e-6. The pair closed near the 24-hour low, reflecting low trading volume and a lack of momentum. A bearish rejection at 1.50e-6 led to a breakdown to the 1.47e-6–1.44e-6 range, indicating potential further support testing.
Momentum indicators suggest that the 24-hour low is oversold, which could attract buying interest. Despite the current bearish trend, volatility remains compressed within the Bollinger Bands, pointing to a possible breakout in the near future.
Manta Network/BTC Shows Bearish Consolidation Amid Low Volume
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