MANA is slumping below the 20‑day EMA as the crypto market cools, and the price is now hovering near a key supply zone. The recent bearish pressure aligns with a broader risk‑off sentiment across digital assets.
🔴 $MANA SHORT 📉
Entry → $0.104605-$0.104815
Stop → $0.107851 (-3.0%)
TP1 → $0.103139 (+1.5%)
TP2 → $0.099474 (+5.0%)
R/R 1:1.7 • Confidence 64%
A change of character broke the higher lows on the 1‑hour chart, and the volume delta turned sharply negative, confirming the move. The fair value gap and a bullish order block overlap, creating a point of interest that the market is now sweeping for liquidity. Liquidity was taken down to the gap, setting up a clean short entry with a 1:1.7 reward‑to‑risk.
A 3 % stop is relatively tight on this swing, so keep leverage at or below 5× to avoid a margin call.
Take half the position off at the first target to lock in gains before the next swing.
As always: manage your risk, this is not financial advice 🙏
$MANA #MANAUSDT #sechaltscryptoetfreviewsamidfundinglapse #TradingSignals #Write2Earn
🔴 $MANA SHORT 📉
Entry → $0.104605-$0.104815
Stop → $0.107851 (-3.0%)
TP1 → $0.103139 (+1.5%)
TP2 → $0.099474 (+5.0%)
R/R 1:1.7 • Confidence 64%
A change of character broke the higher lows on the 1‑hour chart, and the volume delta turned sharply negative, confirming the move. The fair value gap and a bullish order block overlap, creating a point of interest that the market is now sweeping for liquidity. Liquidity was taken down to the gap, setting up a clean short entry with a 1:1.7 reward‑to‑risk.
A 3 % stop is relatively tight on this swing, so keep leverage at or below 5× to avoid a margin call.
Take half the position off at the first target to lock in gains before the next swing.
As always: manage your risk, this is not financial advice 🙏
$MANA #MANAUSDT #sechaltscryptoetfreviewsamidfundinglapse #TradingSignals #Write2Earn