$MNT #MNT 📉
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. 🔴 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? 🤔
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. 🔴 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? 🤔
Follow for more trades.
#Mantle #Crypto #FuturesTrading #TradingSignals
