MANTAUSDT Forming Falling Wedge

MANTA/USDT is setting up a very interesting technical picture — price is contracting into what looks like a falling-wedge formation, which often signals a potential bullish reversal. The tightening range, combined with volume that’s beginning to pick back up, suggests that accumulation could be building and a breakout to the upside may be imminent. If the wedge’s upper trendline gives way with strength, we could see MANTA run significantly higher.

On the fundamentals side, Manta Network is a multi-modular blockchain ecosystem focused on zero-knowledge (ZK) applications. It has two main chains: Manta Pacific (a Layer 2 chain optimized for EVM-native ZK apps) and Manta Atlantic (a privacy-centric Layer 1). This dual-chain architecture allows for both composability and data privacy, making Manta especially relevant in today’s Web3 infrastructure space.

Tokenomics also support the trade thesis: MANTA has a total supply of 1 billion tokens, with roughly ~449 million circulating currently, and MANTA is used for staking, governance, and network fees.On top of that, a recent partnership with Symbiotic brings “fast finality” to Manta Pacific via restaking mechanics, which could further incentivize users and operators to lock in their MANTA.