📉 Market Context
Decentraland (MANA) is in a downtrend
Price is making lower highs + lower lows
Moving average (red line) acting as resistance
🔺 Main Pattern: Descending Triangle
Flat support: ~0.087–0.091
Falling resistance: lower highs (white line)
👉 This pattern is usually bearish in a downtrend
💥 What Happened
Price broke below support → confirms the pattern
Small bounce after (normal retest attempt)
🎯 Trade Idea
Type: Short (betting price goes down)
Best entry: Retest of broken support (~0.091 area)
Targets:
~0.075 (first)
~0.060 (main)
~0.055 (extension)
Decentraland (MANA) is in a downtrend
Price is making lower highs + lower lows
Moving average (red line) acting as resistance
🔺 Main Pattern: Descending Triangle
Flat support: ~0.087–0.091
Falling resistance: lower highs (white line)
👉 This pattern is usually bearish in a downtrend
💥 What Happened
Price broke below support → confirms the pattern
Small bounce after (normal retest attempt)
🎯 Trade Idea
Type: Short (betting price goes down)
Best entry: Retest of broken support (~0.091 area)
Targets:
~0.075 (first)
~0.060 (main)
~0.055 (extension)
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.