FieryTrading

🔥 MANA Is Leading The Fall: More Downside Ahead

Short
BINANCE:MANAUSDT   Decentraland / TetherUS
MANA is currently one of the tokens which is leading the fall. Where most tokens have held their last week's capitulation lows, MANA is already trading 10% below it. I'm waiting for a break of the dotted support line.

In my view, there's more selling ahead. Keep in mind it's generally a good idea to short weaker assets instead of stronger ones.

Targets in blue placed at supports formed during the 2021 bull-run, scroll back for precise areas.

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