$MANTR long — Capitulation wick bounce, targeting MA resistance 🚀
MANTR experienced a sharp sell-off (-10.96%) but printed a massive volume spike at the $0.00251 low, signaling potential exhaustion of sellers. The order book now shows strong buyer support with a 59% bid wall. A clean 1H close above the $0.00268 local resistance will confirm the relief bounce toward the moving averages.
Entry: 1H close above $0.00268
SL: Below $0.00245 (Under the capitulation wick)
Target 1: $0.00278 (MA 7 resistance)
Target 2: $0.00287 (MA 25 resistance)
If $0.00245 breaks down, the setup is invalid — cut your losses.
$MANTRA
DYOR. NFA. High volatility, use strict risk management.
#MANTR #MANTRADao #TradeIdea #IMPACTbyTrade
MANTR experienced a sharp sell-off (-10.96%) but printed a massive volume spike at the $0.00251 low, signaling potential exhaustion of sellers. The order book now shows strong buyer support with a 59% bid wall. A clean 1H close above the $0.00268 local resistance will confirm the relief bounce toward the moving averages.
Entry: 1H close above $0.00268
SL: Below $0.00245 (Under the capitulation wick)
Target 1: $0.00278 (MA 7 resistance)
Target 2: $0.00287 (MA 25 resistance)
If $0.00245 breaks down, the setup is invalid — cut your losses.
$MANTRA
DYOR. NFA. High volatility, use strict risk management.
#MANTR #MANTRADao #TradeIdea #IMPACTbyTrade