$MANA /USDT short trade signal 🛑 🚦
BEARISH REVERSAL AFTER PARABOLIC SPIKE — SHORT OPPORTUNITY IN PLAY!
Decentraland ($MANA) formed a classic parabolic curve followed by a sharp rejection from the $0.3360 resistance level. The price spiked aggressively but failed to hold above the neckline, indicating exhaustion in bullish momentum and a potential short setup as profit-taking kicks in.
Trade Setup (SHORT):
Entry: $0.3225
Take Profit (TP): $0.2860
Stop Loss (SL): $0.3360
Market Outlook:
The market shows signs of a blow-off top after a steep parabolic rise. If bearish pressure continues below the $0.3250 level, further downside is likely as the chart structure supports a mean reversion toward lower support. Ideal for a short-term pullback play.
buy and trade here on $MANA
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