๐ $MANA /USDT Trading Opportunity โ Bullish Setup! ๐ฅ
#mana #BinanceSquare #TradingSignals
๐ **Market Insight:**
**Signal Details:**
- **Entry Range:** $0.30โ$0.32 (near current price, supported by 100-day EMA)
- **Take Profit 1 (TP1):** $0.36 (+15%)
- **Take Profit 2 (TP2):** $0.42 (+35%)
- **Take Profit 3 (TP3):** $0.50 (+60%)
- **Stop Loss (SL):** $0.28 (below support)
- **Risk/Reward:** ~1:3 at TP2
๐ **Technical Breakdown:**
- **Pattern:** Double-bottom at $0.28โ$0.30, indicating a bullish reversal.
- **Indicators:** RSI at 48 (neutral, room to climb), MACD showing early bullish signals on 4H.
- **Support/Resistance:** Support at $0.28โ$0.30; resistance at $0.36, $0.42, $0.50.
- **Volume:** Increasing, suggesting stronger buying pressure.
๐ก **Trading Strategy:**
Enter long between $0.30โ$0.32 on a confirmed bounce with volume. Take partial profits at TP1/TP2, trail stops above $0.36 for TP3. Exit below $0.28 to cut losses. Watch for a breakout above $0.33 for confirmation.
โ ๏ธ **Risk Management:**
- Risk 1-2% of portfolio per trade.
- Track ETH and metaverse token trends for correlation.
- Be cautious if RSI exceeds 70 near $0.42โ$0.50, as it may indicate a pullback.