Market Overview for Manta Network/Bitcoin on 2025-12-09

Generated by AI AgentTradeCipherReviewed byAInvest News Editorial Team
Tuesday, Dec 9, 2025 2:49 am ET1min read
Aime RobotAime Summary

- Manta Network/Bitcoin (MANTABTC) traded in a tight range between 9.9e-07 and 1.01e-06, showing limited directional bias.

- A key 5-minute bearish divergence and strong volume recovery at 191500 signaled short-term bearish pressure.

- MACD/RSI mixed signals and constricted Bollinger Bands suggest potential range-bound trading with possible breakout risks.

- Low volume and failed Fibonacci retracement breaks highlight uncertainty, with 1.01e-06/9.9e-07 as critical levels for directional shifts.

Summary
• Price consolidated between 9.9e-07 and 1.01e-06, showing limited directional bias.
• Key 5-minute bearish divergence noted around 2025-12-08 191500 with a strong volume recovery.
• MACD and RSI showed mixed momentum signals, suggesting potential range-bound trading.
• Bollinger Bands constricted during the overnight hours, pointing to a possible breakout scenario.

Manta Network/Bitcoin (MANTABTC) opened at 1.02e-06 on 2025-12-08 at 17:00 ET, reached a high of 1.02e-06, hit a low of 9.9e-07, and closed at 1.01e-06 as of 2025-12-09 at 12:00 ET. The total volume over the 24-hour window was 264,759.7, with a notional turnover of approximately 0.259 BTC.

Structure & Formations


The price action formed a tight range over the past 24 hours, with a key support area at 9.9e-07 and resistance at 1.01e-06. A bearish inside bar pattern formed at 234500 on 2025-12-08, suggesting short-term bearish pressure. A bullish engulfing pattern appeared briefly at 044500 on 2025-12-09, but it failed to sustain above the 1.01e-06 level, indicating a possible lack of conviction.

Moving Averages


On the 5-minute chart, the 20-period and 50-period moving averages are closely aligned around the 1.008e-06 level, indicating a neutral bias. On the daily chart, the 50-period moving average sits slightly above the 100- and 200-period lines, but the price remains below all three, suggesting lingering bearish sentiment.

MACD & RSI


MACD showed a bearish crossover and remained in negative territory for much of the 24-hour period, with a brief positive divergence at 024500 on 2025-12-09. RSI fluctuated between 30 and 60, indicating a range-bound scenario. A minor oversold condition occurred at 234500 on 2025-12-08, but it failed to trigger a meaningful reversal.

Bollinger Bands


Volatility remained low for most of the session, with Bollinger Bands contracting during the overnight hours.
Price spent most of the time near the midline, with brief excursions toward the upper and lower bands, particularly at 191500 and 234500. This suggests a potential for a breakout in the next 24 hours.

Volume & Turnover


Volume was generally subdued but spiked at 191500 and 234500, coinciding with price declines. A sharp increase in volume at 191500 occurred alongside a price rebound, showing some short-covering activity. However, the overall lack of volume suggests limited conviction in any directional move.

Fibonacci Retracements


On the 5-minute chart, price tested the 61.8% retracement level of the prior 1.02e-06 to 9.9e-07 swing at 1.008e-06 multiple times without breaking through. On the daily chart, the 38.2% retracement level around 1.009e-06 may serve as a near-term pivot.

The market may remain range-bound as it approaches key 5-minute and daily retracement levels. A break above 1.01e-06 or below 9.9e-07 could signal a directional shift, but traders should remain cautious as low volume and mixed momentum indicators suggest uncertainty ahead.