$MANTA This sudden crash directly liquidated my friend—a 24% drop in 24 hours, from a high of 0.1594 to a low of 0.0805, now at 0.0819, with a trading volume of 367 million, all panic selling. The previous bottom around 0.08 was a historical support zone. If it drops further from here, smart money will start bargain hunting.

First, look at the Fear and Greed Index: current value is 15, which is in the extreme fear range (0-25). Historical comparison: In August 2023, when $MANTA was around 0.05, the Fear and Greed Index was 12, and it later rebounded to 0.2+. The current funding rate is -0.15%, with obvious short accumulation. In the past, every time the funding rate became extremely negative (below -0.2%), a short squeeze was triggered, such as the move from 0.06 to 0.12 in February this year.
Trading suggestion: At the current price of 0.0819, you can try a small long position, with a stop loss at 0.078 (below the previous low), first target take profit at 0.095 (resistance level), second target at 0.11. Position size should be controlled within 10% of total capital, because the downtrend hasn't reversed yet. If it breaks below 0.078, wait for the 0.065-0.07 range before considering adding positions.
Don't ask why I'm so familiar—I called out the 0.05 zone as a "free money zone" last time on Twitter, and those who missed the 50% rebound are still kicking themselves. The emotional turning point equals the best entry point; extreme fear is the opportunity.
(The above content is purely personal trading sharing and does not constitute investment advice. The market carries risks, and entry requires caution.)