🔴 $MANTRA /USDT — SHORT SIGNAL
Trade Plan:
* Entry: $0.00268 – $0.00275
* Stop Loss (SL): $0.00288
Take Profit Targets:
* TP1: $0.00260
* TP2: $0.00252
* TP3: $0.00242
Trade here $MANTRA
Technical Analysis:
* Price down 6.94% in 24 hours.
* Strong selling pressure after rejection near $0.00294.
* Price approaching support around $0.00251.
* 7-day performance is negative (-9.76%).
* Weak market structure favors bearish continuation.
* A breakdown below $0.00251 could trigger another downward move.
Confirmation:
* 15m candle closes below $0.00260.
* Strong volume on selling confirms bearish momentum.
* Avoid entering directly into support without confirmation.
Risk-to-Reward: Approximately 1:1.3 to TP1, 1:2.3 to TP2, and 1:3.7 to TP3 (using $0.00272 average entry).
Trade smart ⚡ Use proper risk management and avoid chasing the move.
#MANTRA #MANTRAUSDT #CryptoShort #BinanceFutures #AltcoinTrading
Trade Plan:
* Entry: $0.00268 – $0.00275
* Stop Loss (SL): $0.00288
Take Profit Targets:
* TP1: $0.00260
* TP2: $0.00252
* TP3: $0.00242
Trade here $MANTRA
Technical Analysis:
* Price down 6.94% in 24 hours.
* Strong selling pressure after rejection near $0.00294.
* Price approaching support around $0.00251.
* 7-day performance is negative (-9.76%).
* Weak market structure favors bearish continuation.
* A breakdown below $0.00251 could trigger another downward move.
Confirmation:
* 15m candle closes below $0.00260.
* Strong volume on selling confirms bearish momentum.
* Avoid entering directly into support without confirmation.
Risk-to-Reward: Approximately 1:1.3 to TP1, 1:2.3 to TP2, and 1:3.7 to TP3 (using $0.00272 average entry).
Trade smart ⚡ Use proper risk management and avoid chasing the move.
#MANTRA #MANTRAUSDT #CryptoShort #BinanceFutures #AltcoinTrading
