MANTRA is looking prime for a short, with a sweet setup emerging. Got my eyes on a potential drop
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🔴 $MANTRA SHORT 📉
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📍 Entry Range: $0.005314 – $0.005324
🛑 Stop Loss: $0.005479 (-3.0%)
🎯 TP1: $0.005239 (+1.5%)
🏆 TP2: $0.005053 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 94%
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We've got a market structure break on our hands, with volume confirming the direction - that's a big red flag for bulls. The fair value gap and order block are overlapping nicely, creating a strong area of confluence that I think will act as resistance. Liquidity sweep just happened, so it's go time
3.0% stop loss feels about right, not too tight, not too wide, and I'd be using 2x leverage to maximize returns
I'll be looking to take some profit off the table at the first target, just to bank some gains and free up some capital
Not financial advice — always manage your own risk 🙏
$MANTRA #MANTRAUSDT #SMC #TradingSignals #Write2Earn
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🔴 $MANTRA SHORT 📉
━━━━━━━━━━━━━━━━━━━━━
📍 Entry Range: $0.005314 – $0.005324
🛑 Stop Loss: $0.005479 (-3.0%)
🎯 TP1: $0.005239 (+1.5%)
🏆 TP2: $0.005053 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 94%
━━━━━━━━━━━━━━━━━━━━━
We've got a market structure break on our hands, with volume confirming the direction - that's a big red flag for bulls. The fair value gap and order block are overlapping nicely, creating a strong area of confluence that I think will act as resistance. Liquidity sweep just happened, so it's go time
3.0% stop loss feels about right, not too tight, not too wide, and I'd be using 2x leverage to maximize returns
I'll be looking to take some profit off the table at the first target, just to bank some gains and free up some capital
Not financial advice — always manage your own risk 🙏
$MANTRA #MANTRAUSDT #SMC #TradingSignals #Write2Earn