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Technical analysis by Stoic-Trader about Symbol MANA: Buy recommendation (4/15/2025)

https://sahmeto.com/message/3418988
Stoic-Trader
Stoic-Trader
Rank: 127

MANA Motive Wave

Buy
Price at Publish Time:
$0.26825
Profit Target:
(+11.84%)$0.3
Stop Loss Price:
(-10.53%)$0.24
Buy،Technical،Stoic-Trader

The gray descending trendline has been broken, in what looks to be a motive wave (green I-V).I will be looking for green IV corrections, ideally retesting the trendline, for long trades.On the flipside, there is no RSI divergence on the recent low, so the probability that we have seen a bottom is not that big.

Source Message: TradingView
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