$MANA EXTREME RSI READING AT 24.8 – TIME TO SHORT? 🔥
Entry: 0.0673 🔥
Target: 0.0651 🚀
Stop Loss: 0.0695 ⚠️
The 15-minute chart just printed a 24.8 RSI – a level that historically marks exhausted downside momentum. Yet price sits below both EMA9 and EMA20, keeping the short-term structure firmly bearish. This tension between an oversold momentum reading and clear trend alignment creates a setup I’m watching closely.
With a 70% confidence bias on the higher timeframe, the path of least resistance remains lower until the EMAs are reclaimed. The question is whether this RSI exhaustion will trigger a short squeeze or simply attract more sellers into the breakdown.
Not financial advice. Always manage your risk.
#MANA #ShortSetup #RSIExhaustion #Bearish #Crypto 🔥