$MANA /USDT – Breakdown Imminent Below Support! Short Opportunity! 🚨
Price: $0.2812 (+7.62%)
$MANA has formed a descending triangle, currently testing key support around $0.2810. With price rejection at higher levels and a potential breakdown coming, the short setup looks solid.
Key Levels:
• Support: $0.2800 (currently testing)
• Resistance: $0.2900
• Breakdown Zone: $0.2800
Short Trade Setup:
• Entry Zone: $0.2800 – $0.2820
• Targets:
• TP1: $0.2750
• TP2: $0.2700
• TP3: $0.2650
• Stop Loss: $0.2900
Market Insight:
Price is consolidating within the triangle, and a breakdown below the $0.2800 support would likely confirm the bearish move. Watch for an increase in volume to strengthen the short setup.
Pro Tip: Look for a strong close below $0.2800 with confirmation from the 15-minute chart. Tight stop loss for optimal risk management.
Prepare for the breakdown – the bears are setting up!
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