$MANA #MANA 📉
Direction: SHORT
Entry zone: 0.0690 to 0.0698
Stop loss: 0.0712
Target 1: 0.0675
Target 2: 0.0655
Decentraland is trading near 0.0692 dollars, down 1.79 percent in 24 hours and down 7.23 percent on the week, inside a range of 0.0690 to 0.0715 dollars, and the recent closes show it flat at the low, 0.069478, then 0.069526, then 0.069704, then 0.069644, then 0.069669. 🔴 My reading is that MANA is pinned near its 24 hour low, because five closes stuck around 0.0696 dollars with no bounce tells you buyers are waiting lower, and the whole alt market is bleeding while Bitcoin dominance climbs toward 60.5 percent. A short from the current zone, with a stop above 0.0712, targets 0.0675 first and then 0.0655 if sellers break the range low. A move above the stop kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does MANA break 0.0675 today, or reclaim 0.0712 first? 🤔
Follow for more trades.
#Decentraland #Crypto #FuturesTrading #TradingSignals
Direction: SHORT
Entry zone: 0.0690 to 0.0698
Stop loss: 0.0712
Target 1: 0.0675
Target 2: 0.0655
Decentraland is trading near 0.0692 dollars, down 1.79 percent in 24 hours and down 7.23 percent on the week, inside a range of 0.0690 to 0.0715 dollars, and the recent closes show it flat at the low, 0.069478, then 0.069526, then 0.069704, then 0.069644, then 0.069669. 🔴 My reading is that MANA is pinned near its 24 hour low, because five closes stuck around 0.0696 dollars with no bounce tells you buyers are waiting lower, and the whole alt market is bleeding while Bitcoin dominance climbs toward 60.5 percent. A short from the current zone, with a stop above 0.0712, targets 0.0675 first and then 0.0655 if sellers break the range low. A move above the stop kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does MANA break 0.0675 today, or reclaim 0.0712 first? 🤔
Follow for more trades.
#Decentraland #Crypto #FuturesTrading #TradingSignals
