$MANA/USDT 12h (#Bybit) Rising wedge breakdown and retest

Decentraland looks locally topped here and seems likely to retrace down to 200MA / ascending TL support.

⚡️⚡️ #MANA/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (2.3X)
Amount: 6.5%

Current Price:
0.6955

Entry Zone:
0.6975 - 0.7465

Take-Profit Targets:
1) 0.6070
2) 0.5205
3) 0.4340

Stop Targets:
1) 0.8180

Published By: @TradingOn

Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +36.6% | +64.2% | +91.7%
Possible Loss= -30.6%
Estimated Gain-time= 3-4 weeks

Website: decentraland.org

Trade closed: stop reached:

SL hit with -1.0R

Decentraland entered back inside the wedge and stop hunted us on that wick up, maybe another time.