Mngo 1h short

٣٠ يونيو ٢٠٢٢

Setup: In this bear market, the market is trending downwards and it is good to follow the trend. Thus, i am mainly shorting shit coins. Mngo is one of them. It has convincingly broke past its weekly support with great volume and is looking to target the next main liquidity zone at 0.04505

Entry: 0.4795

TP: 0.0445

Trailing SL: Trail using 1 Atr above the 9EMA