$MANA
🚨 MANA/USDT LONG SETUP 🚨
MANA has shown strong bullish momentum with a major volume expansion. However, after such a sharp move, chasing the current price is risky. I’m watching the $0.1025–$0.1045 area for a potential pullback and retest.
📌 Entry Zone: $0.1025 – $0.1045
🛑 Stop Loss: $0.0978
🎯 Take Profit: TP1: $0.1075 TP2: $0.1165
⏱ Confirmation Timeframe: 15M
✅ Confirmation: Wait for MANA to retest the $0.1025–$0.1045 zone and show bullish rejection/acceptance. A strong 15M bullish close from this area would provide better confirmation.
❌ Invalidation: The setup is invalidated if MANA loses the $0.0980 area with sustained acceptance below it.
📊 Technical Context: • Strong recent volume expansion • Positive MACD momentum • RSI14 around 60, showing bullish momentum without being extremely overbought • Fibonacci extension levels align with the upside targets
⚠️ Risk Management: MANA has already made a strong move, so avoid chasing green candles. The preferred setup is a pullback into the entry zone followed by confirmation.
#MANA #Decentraland #CryptoTrading #Binance #Altcoins #TradingSetup
🚨 MANA/USDT LONG SETUP 🚨
MANA has shown strong bullish momentum with a major volume expansion. However, after such a sharp move, chasing the current price is risky. I’m watching the $0.1025–$0.1045 area for a potential pullback and retest.
📌 Entry Zone: $0.1025 – $0.1045
🛑 Stop Loss: $0.0978
🎯 Take Profit: TP1: $0.1075 TP2: $0.1165
⏱ Confirmation Timeframe: 15M
✅ Confirmation: Wait for MANA to retest the $0.1025–$0.1045 zone and show bullish rejection/acceptance. A strong 15M bullish close from this area would provide better confirmation.
❌ Invalidation: The setup is invalidated if MANA loses the $0.0980 area with sustained acceptance below it.
📊 Technical Context: • Strong recent volume expansion • Positive MACD momentum • RSI14 around 60, showing bullish momentum without being extremely overbought • Fibonacci extension levels align with the upside targets
⚠️ Risk Management: MANA has already made a strong move, so avoid chasing green candles. The preferred setup is a pullback into the entry zone followed by confirmation.
#MANA #Decentraland #CryptoTrading #Binance #Altcoins #TradingSetup
