Manta Network (MANTA) is currently consolidating within a symmetrical triangle pattern on the daily timeframe, with price action respecting both the upper and lower trendlines. This structure often signals accumulation ahead of a sharp breakout. The token’s recent rally has seen it rise by 10.31% in the past 24 hours, exceeding gains from the previous seven days (20%). The bullish momentum is fueled by strong volume since August 4, indicating increased market participation near resistance. 8-day EMA currently sits above the 50-day SMA, showing short-term bullish control. A decisive break above $0.2550 could pave the way for a retest of $0.2900, while losing support at $0.2285 and $0.2150 could lead to deeper drops towards $0.2000. Binance 1-hour chart data shared by Crypto VIP Signal shows MANTA breaking resistance and now retesting the area. Recent bounces from the $0.215–$0.218 support area have strengthened, with notable double bottoms formed on August 7 and August 12.