🤖 AI Insight

Based on the provided technical analysis, here is the information you need to know about MANAUSDT market:

Monday: Price: 0.243; EMA7: 0.26498518639144; EMA25: 0.30750886692692; RSI14: 41.800082514164; MACD: -0.031537045876397; Resistance: 0.8556; Support: 0.1904

Advice:
1. Long Entry Prices: Given the current price at 0.243 and trending downward, you may consider long entry points at the resistance levels:
- Take profit at 0.8556 if the price breaks and holds above the resistance.
2. Short Entry Prices: As a Short Term Bearish signal (decreasing Volume Trend), consider short entry when the price drops below the support level at 0.1904 and confirms with a strong downside momentum. Your stop-loss should be placed just above the support level.
3. Spot Buy Price: Attempt to buy Mana at or near the support level of 0.1904 using a stop-loss placed just above this level.

Long Entry Strategy:
1. Wait for a strong bullish candlestick, or breakout above the 0.1900 resistance level.
2. Enter long orders at the breakout level.
3. Set a Take Profit Goal at 0.8556.
4. Close the long positions if the price drops below the support level of 0.1904, triggering Stop Loss orders at that level.

Short Entry Strategy:
1. Monitor for price falling below 0.1904 support level and confirm the downside momentum with lower RSI and upwards MACD.
2. Enter short orders following the confirmation signals.
3. Place a Stop Loss below the 0.1904 Support Level as the risk management strategy.
4. Take profits once the price reaches the nearest major resistance level or your desired profit goal, whichever comes first.

It is crucial to be aware that Technical analysis helps you identify potential entry and exit points based on historical price data. Actual market conditions, sentiments, and other factors may impact your trade outcomes. Always employ risk management strategies, like stop-loss, to protect your investments.