$MAIGA BEARISH CONTINUATION – DOWNSIDE AMPLITUDE 35.88% IN PLAY!
$MAIGA continues to show strong bearish pressure after a 31% drop, with current price at $0.0061984. Market sentiment is slightly bullish (94% / 1.7K votes), but technicals indicate a pending short setup. Downtrend is in cycle 143, signaling a potential extended move lower.
Trade Setup:
Pending Short Entry: Within LVN zone (safe from weak zones)
Stop Loss: ~5.86% above entry
Take Profit 1 (TP1): $0.0059119
Take Profit 2 (TP2): $0.0055 (if momentum persists)
Market Outlook:
Trend: Strong downtrend on 15M and M5 charts
Momentum: Selling pressure dominates, minor bullish votes unlikely to reverse trend immediately
Key Levels: Resistance near $0.0070933, support at $0.0059119
Traders should watch for LVN confirmations before executing shorts and manage risk carefully due to minor bullish sentiment.
Buy and trade here on $MAIGA
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