$MANTA
/Short USDT trade setup!🔥💯
Entry: $0.865 (current action price)
Stop Loss: $0.890 (above resistance trendline)
Take Profit 1: $0.840 (short-term support)
Take Profit 2: $0.810 (key target area)
• Analysis: The price respects a descending channel, with momentum favoring further decline.
• Risk-to-reward ratio: favorable, with tight stop loss.
• Strategy: Enter a short trade near $0.865 while consolidating at the lower channel edge.
• Signal confirmation: Breaking $0.860 confirms the continuation of the bearish momentum.
Pro tip: Lock in partial profits at TP1 and move your stop loss to breakeven to protect your capital as much as possible