Liquidation? $MANTRA Dropped 21.66% from 0.0083 to 0.0065—this single move directly pierced all the longs that chased higher in the past 24 hours. I still have swing positions; I’m currently down about 11%, but I haven’t hit the stop-loss yet.

This is how I made the call: this selloff is a daily-chart-level forced cleansing. 0.0065 lines up exactly with a prior liquidity-dense zone; around early 2025, nearly $200 million worth of turnover exchanged hands in that area. The 0.0083 above is obviously the distribution of chips after a false breakout. After the main force wiped out the longs, they’re now waiting for retail to cut losses and run.
【Complete trading plan】-- The ultimate support zone is 0.0062 to 0.006. I’ll add 20% here, keeping my position size at 4% of total capital.-- If it breaks below 0.006, I will stop-loss and leave unconditionally; I won’t hold and endure.-- 0.0072 above is the first minor resistance. When it reaches there, I’ll reduce 30% and add to my position. The first target is 0.0078, and the second is the previous high at 0.0083.
Two scenario forecasts: 1. If it holds steady at 0.0065 today without breaking and starts trading sideways with shrinking volume, then the main force is holding the chips—I’ll buy the dip as planned. 2. If it continues selling with volume and drives down toward about 0.0056, that means a breakdown plus panic. I’ll delete my watchlist that same day.
By the way, someone previously asked how I can hold up through a one-way drop. The truth is, I have a technique that works together with funding-rate orders. Follow me—later tonight, I’ll post the specific order entries in the comments section update.
Comments section update result.