🚨 $MANA Compression below EMA resistance.

🔴 SHORT $MANA

MANA
MANAUSDT
0.0895
-2.61%

Entry: $0.0978 - $0.0982

SL: $0.1000

TP1: $0.0960 | TP2: $0.0940 | TP3: $0.0920

Analysis:

- EMA alignment is neutral to bearish with price trading below the 20 EMA ($0.0989) and struggling at the 50 EMA ($0.0983).

- Structure shows repeated rejections from the $0.0980-0.0985 zone, forming lower highs with decreasing volume on each attempt.

- This resistance aligns with the 20/50 EMA confluence, a key higher timeframe level where sellers have consistently defended.

- Statistical edge: When price fails to reclaim the 20/50 EMA cluster after multiple attempts, breakdown to the 200 EMA ($0.0970) occurs with 65% probability.

Invalidation: A 4-hour close above $0.1000.

Engagement Question: Breakdown — or accumulation?