$MNT #MNT ๐
Direction: SHORT
Entry zone: 0.422 to 0.426
Stop loss: 0.435
Target 1: 0.4203
Target 2: 0.4120
Mantle is trading near 0.4246 dollars, down 5.52 percent in 24 hours and down 9.68 percent in 7 days, inside a range of 0.420 to 0.451 dollars, and the recent closes show sellers keeping price pinned near the low, 0.4235, then 0.4240, then 0.4241, then 0.4227, then 0.4249. ๐ด My reading is that MNT is sliding toward its 24 hour low with no buyer defence showing yet, because every small bounce is being sold while Bitcoin waits above 73,150 dollars. A short from the current zone, with a stop above 0.435, targets 0.4203 first and then 0.4120 if sellers break the range low. A push above the stop 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 Mantle break 0.4203 first, or bounce back above 0.435? ๐ค
Follow for more trades.
#Mantle #Crypto #FuturesTrading #TradingSignals
Direction: SHORT
Entry zone: 0.422 to 0.426
Stop loss: 0.435
Target 1: 0.4203
Target 2: 0.4120
Mantle is trading near 0.4246 dollars, down 5.52 percent in 24 hours and down 9.68 percent in 7 days, inside a range of 0.420 to 0.451 dollars, and the recent closes show sellers keeping price pinned near the low, 0.4235, then 0.4240, then 0.4241, then 0.4227, then 0.4249. ๐ด My reading is that MNT is sliding toward its 24 hour low with no buyer defence showing yet, because every small bounce is being sold while Bitcoin waits above 73,150 dollars. A short from the current zone, with a stop above 0.435, targets 0.4203 first and then 0.4120 if sellers break the range low. A push above the stop 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 Mantle break 0.4203 first, or bounce back above 0.435? ๐ค
Follow for more trades.
#Mantle #Crypto #FuturesTrading #TradingSignals
