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$MANTRA losing strength after the sharp spike and continuing to drift lower ๐
Short $MANTRA
Entry: 0.02205 โ 0.0228
SL: 0.0250
TP1: 0.0210
TP2: 0.0200
TP3: 0.0195
TP4: 0.0160
Why:
After the explosive move from 0.013 to 0.026, the price is now clearly cooling off and forming lower highs. The rejection from the 0.0267 peak shows strong selling pressure and the following candles lack bullish follow-through. Volume is fading and the structure looks like a typical post-pump distribution phase. If buyers fail to reclaim the 0.023โ0.024 zone, price could continue drifting toward lower liquidity levels.
Trade $MANTRA here ๐
{future}(MANTRAUSDT)