🟢 $MANTAUSDT — possible bounce setup


Your view: reversal setup or just a pause before continuation?

Price had a strong 1H bearish structure: each candle updated the low, while highs stayed below previous highs.
The latest closed 1H candle failed to make a new low, while the previous high is still holding.
If price updates the last low again, the bounce idea is cancelled. Stop is below the last low.
Fibonacci range: full 1H drop move, from max high to min low of the whole series.
Plan by Fibonacci retracement:Entry zone: 0.08639 - 0.085291Stop: 0.08419128TP1 Fib 0.236: 0.0887142TP2 Fib 0.382: 0.0914079TP3 Fib 0.5: 0.093585TP4 Fib 0.618: 0.0957621
Series: 7 candlesMove: 17.95%Timeframe: 1HExtreme candle wick filter: max 3.5%
Educational setup example. Not financial advice.
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