$MANA Long Liquidation Alert
A long position worth $22,293 was liquidated at $0.4954 for MANA. This sharp drop forced bullish traders to exit as the market turned against them.
What’s Next?
1. Market Sentiment:
A continued downtrend is possible if support breaks.
2. Key Levels to Watch:
Support: $0.490 and $0.480. These levels are critical to hold.
Resistance: $0.500. Recovery above this may signal a reversal.
3. Volume Signal:
Rising volume may indicate stronger selling pressure.
Strategy Tips
For Bears: Monitor for short opportunities if MANA stays below $0.500.
For Bulls: Wait for a bounce or confirmation of support before entering.
For Scalpers: Take advantage of the price swings but stay cautious.
Stay focused and manage your trades carefully—volatility is high!