【$MANA Signal】Two-way Order Placement Battle! 1H Oversold Rebound vs 4H Downtrend

$MANA The 1H timeframe is oscillating narrowly between 0.0938-0.0942, with RSI(1H) at 35.14 entering the oversold zone, indicating a technical rebound demand. However, the 4H timeframe remains in a clear downtrend, with EMA20(0.0968) acting as strong resistance, and the overall trend is bearish. The current price is at a critical point between bulls and bears, so it’s not advisable to chase orders directly. Use a two-way order placement strategy to target the upcoming trend reversal.

🎯Direction: Wait and see(Two-way order placement)

⚡Breakout Long Entry: 0.0952 (Reason: Stabilize above 1H EMA20(0.0951) and break through the recent 1H high resistance)

⚡Pullback Long Entry: 0.0928 (Reason: Rebound to previous low support area on the daily chart, with buy orders accumulating)

🛑Stop Loss: 0.0918 (Reason: Break below 0.0928 support level by 10 points, ATR-based stop loss)

🚀Target 1: 0.0975 (Reason: 4H EMA20 moving average resistance)

🚀Target 2: 0.0995 (Reason: Previous 4H high and Fibonacci 0.382 retracement level)

🛡Trade Management:

- Position Size Suggestion: Light Position (Reason: 4H trend has not reversed, indicating contrarian trading)

- Execution Strategy: After any order is triggered, if the price rebounds to around 0.0965 (1H EMA50) and shows signs of stagnation, reduce position by 50%. Move the remaining stop loss to the entry price. If the price cannot break through 0.0952 and weakens again, abandon the bullish idea.

Deep Logic: Open Interest (OI) remains stable, and although the price is falling, it has not triggered large-scale long liquidations, suggesting selling pressure may come from the spot market. Funding rate is negative (-0.026%), indicating potential short squeeze risk. Market depth shows large buy orders accumulated in the 0.0920-0.0930 range( exceeding 3 million USD), forming a strong support zone. Sell orders above are sparse between 0.0945-0.0955, with less resistance if broken. The core conflict is between the 1H oversold rebound momentum and the 4H downtrend. We are positioned at support and breakout levels, waiting for the market to choose a direction.

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