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$MANTRA is preparing to go long, aiming to catch a short-term rebound.
Right now, RSI is already oversold, and with MA99 support, there may be a decent rebound opportunity from this level. Pay special attention to the range of 0.006315 to 0.006477. The upside target to start with is 0.006852; if it continues higher, it may reach 0.007217.
But be careful about the risks. The overall trend is still bearish. Catching a falling knife for a short-term trade—once support breaks—there’s a risk of a reversal. Set your defensive level at 0.005999; don’t go all-in, and manage your position size according to your account. You can also take a look at the trends of $SNDK and $XAU .