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$MANTRA Short Trade Signal | Overextended Rally Near Resistance

#MANTARA has gained over 11% in the last 24 hours and is trading above the MA(7), MA(25), and MA(99), confirming a bullish short-term trend. However, price is trading close to the daily high after a strong impulsive move, increasing the probability of a short-term pullback as traders take profits.

$MANTRA is a counter-trend short setup, so waiting for bearish rejection near resistance provides a better risk-to-reward than selling at the current price.

Trade Setup Direction: SHORT

Entry: 0.00595 – 0.00610

Stop Loss: 0.00630

TP1: 0.00572
TP2: 0.00555
Final Target: 0.00535

A break below 0.00585 could accelerate the next move toward the 0.00555–0.00535 support zone.

Always DYOR.

Future trading is risky.
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$BTC
Some say we dip more, some will go to 0, a speculation all time.
But the reality is that now starts the #altcycle #altsesaon
Bitcoin should stay at this range 80-82k for around 1 month maybe 2.
During this time we will see lots of projects spike and turn to where they started, until the market will start to grow properly.
This is the time where we must buy and hold.
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