Selling pressure pushing MANA back under 1200

Lower and higher time frames all oversold on the RSI, wicks through 1260 but failed to maintain through strong selling volume on the 15m time frame. I believe MANA is coming back under 1200, we may see a small bounce there but 1150 is very likely past that.

Comment:

it plummeted back down to 1130 and only came back 3.5% to 1165 before settling on 1130ish support.

It will either hold here or drop down to the next support at 1080 & 1020.

Closing off this idea will publish a new one once we get some significant movement.