MNDE 24h Outlook for Positive Trades in Current DowntrendCOINBASE:MNDEUSD continues it's current downtrend with opportunities to skim a few points off the corrective pumps during consolidation. I have charted two possible entry opportunities for some margin gains in the next 24h as shown in chart. Keep a close watch on COINBASE:MNDEUSD in the next 7 days as there is a very positive outlook for a return to an upward trend or even some crazy growth depending on other market movements, including signifigent volume trading over in the COINBASE:PEPEUSD market. Have fun and good luck trading this week, it looks to be another great one!
MNDEUSD trade ideas
Capital will rotate back into Solana and Solana coinsWithout a doubt in my mind Solana was the altcoin that led crypto out of the bear market. In many metrics it has become the best performing chain. Raydium, Jito, Jupiter and others inc Phantom have be key players in this.
Now capital is clearing rotate away from the gains made in Solana to non Solana areas. Perhaps we see further rotation throughout crypto before either rotation to BTC or USD. Should rotation be BTC then I believe Solana could follow closest. Moving into prime position as leading altcoin in rotation this cycle.
Of course should Solana get this position again for next BTC leg up (whenever that is) then the Solana coins like RAY, KMNO, MNDE and others are likely to follow.
Retesting signals confirmed, BULL RUN SOON, Hammer in process Buy low and wait, pips will show what to expect. Whales graph shows it’s ready. Retesting confirmed. Bull signals confirmed.
0.56 is expected based on its INDEX but pips show the true value range for safety. Once target is met at 0.39 and as it moves up more, its practiced by traders to make target long position as your stop if it dips. Up to you.
HAMMER still not closed and if you’re looking for the perfect hammer rather than research on hammer sizes which based on size will determine the trend then forget about commenting on it.
MARINADE ( MNDE ) ON THISI was just looking at the MARINADE MDE-USD COINBASE chart and had a hard time thinking this is the top.
What does the volume tell you?
Where is support?
Where is resistance?
Does a trade make sense?
What timeframe are we basing actions on?
Just a few of the things I think about. Because the BTC ETF decision is so close, I'll be quick to cut any trade. Always use stop losses.
Not financial advice :)
Cheers!
Be careful " Trap has formed" I SOLD early Another big dump is coming.
be very careful
The three cryptos to take profits on with other peoples mistakes are.
MSOL
MNDE
SOL
Tomorrow could be really bad.
1 billion dollars of staked SOL is being unlocked.
New holders will get wiped while stake holders sell for losses.
The patient ones are taking profit and waiting for the crash again.
Anything could happen and i don't know many that pass up 100% or more in profits
when the downside is a sure thing.