Everyone is watching for the next pump, but the 4H chart may be signaling something very different. 👀
$MANTRA
/USDT — SHORT SETUP 📉
Entry: 0.0049828 – 0.0049972
SL: 0.0051746
TP1: 0.0048515
TP2: 0.0047592
TP3: 0.0046208
Why this setup?
- The 1D trend remains range-bound, while the 4H structure is flashing SHORT with 79% conviction.
- 15M RSI sits around 62.51, while price is struggling near 0.0049900 beneath a potential rejection area.
- TP1 offers around -2.8% and TP2 around -4.6%, giving bears a potentially attractive downside setup.
- The entry zone is tight. A clean break below 0.0049828 could accelerate the move lower.
🔥 Is this a bull trap before another pump, or are you fading the range breakout?
Trade smart & manage your risk. DYOR.
$MANTRA
/USDT — SHORT SETUP 📉
Entry: 0.0049828 – 0.0049972
SL: 0.0051746
TP1: 0.0048515
TP2: 0.0047592
TP3: 0.0046208
Why this setup?
- The 1D trend remains range-bound, while the 4H structure is flashing SHORT with 79% conviction.
- 15M RSI sits around 62.51, while price is struggling near 0.0049900 beneath a potential rejection area.
- TP1 offers around -2.8% and TP2 around -4.6%, giving bears a potentially attractive downside setup.
- The entry zone is tight. A clean break below 0.0049828 could accelerate the move lower.
🔥 Is this a bull trap before another pump, or are you fading the range breakout?
Trade smart & manage your risk. DYOR.