#MANTA
📉 Manta Network ($MANTA ) is going down: panic selling or a chance for a bottom?

Over the past 24 hours, MANTA has fallen by 18.11%, falling to $0.0689. The coin is showing significantly worse results than the general market. What is happening and what to expect next?

🔍 The main reasons for the spike
Altcoin capitulation: The market has absorbed "Extreme Fear" (Fear & Greed index at 17). Traders are massively exiting risky assets, which is hitting mid-cap coins (REI, IDEX also have double-digit losses).
Liquidity vacuum: $MANTA trading volume has collapsed by 75.82% (to $58.1 million). There are simply no buyers on the market - the price is falling under its own weight in the absence of support.
Lack of info drives: No high-profile news or internal problems of the project have been identified. The fall is purely technical and systemic.

📉 Short-term forecast: key levels

❗️ Important: The trend remains clearly bearish, the initiative is completely on the side of sellers.❗️

➡️ Scenario 1 (Consolidation): If MANTA holds the defense line at $0.068, a sideways movement in the range of $0.068–$0.072 is possible.
➡️ Scenario 2 (Further decline): A breakdown below $0.068 will open the way to $0.065 and below.

⚠️ Main trigger: Bitcoin behavior. If BTC loses its local minimum of $58,075 and does not hold above $59,000, altcoins will renew local lows. BTC dominance is now at 57.86% — capital is not in a hurry to return to alt yet.