$MANA #MANA 📉
Direction: SHORT
Entry zone: 0.0700 to 0.0703
Stop loss: 0.0712
Target 1: 0.0687
Target 2: 0.0677
Decentraland is trading near 0.0701 dollars, down 5.44 percent in 24 hours, inside a range of 0.0690 to 0.0756 dollars, and the recent hourly closes show a drift that never bounced, 0.0702, then 0.0695, then 0.0710, then 0.0706, then 0.0701. 🔴 My reading is that MANA is weak while the market crashes, because it is sitting near the bottom of its range after giving back the push toward 0.0756, and Bitcoin slipping under 76,000 dollars gives sellers the cover they need. A short from the current zone, with a stop above 0.0712, targets 0.0687 first and then 0.0677 if sellers push through the range low. A rise above 0.0712 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 Decentraland fall to 0.0687 first, or rise above 0.0712? 🤔
Follow for more trades.
#Decentraland #Crypto #FuturesTrading #TradingSignals
Direction: SHORT
Entry zone: 0.0700 to 0.0703
Stop loss: 0.0712
Target 1: 0.0687
Target 2: 0.0677
Decentraland is trading near 0.0701 dollars, down 5.44 percent in 24 hours, inside a range of 0.0690 to 0.0756 dollars, and the recent hourly closes show a drift that never bounced, 0.0702, then 0.0695, then 0.0710, then 0.0706, then 0.0701. 🔴 My reading is that MANA is weak while the market crashes, because it is sitting near the bottom of its range after giving back the push toward 0.0756, and Bitcoin slipping under 76,000 dollars gives sellers the cover they need. A short from the current zone, with a stop above 0.0712, targets 0.0687 first and then 0.0677 if sellers push through the range low. A rise above 0.0712 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 Decentraland fall to 0.0687 first, or rise above 0.0712? 🤔
Follow for more trades.
#Decentraland #Crypto #FuturesTrading #TradingSignals
