#TradeAlert : $OM

Will Mantra continue to fall? The short answer is yes. Mantra, with its high volatility, currently offers good opportunities for both buyers and sellers. I believe that declines will continue in the short term, that we will see a significant upward correction in the medium term, and that in the long term we will witness sharp declines that will coincide with the next bear market period. In the short term, the triangle formation should be waited for to end in order to place a sell order.

Entry price: $0.55

Stop loss price: $0.59

First take profit level: $0.35

Second take profit level: $0.20

Risk reward ratio: 1:5 to 1:8.75

Good luck!