bitmoey

Is this a dead cat bounce on $MANA?

BINANCE:MANAUSDT   Decentraland / TetherUS
Okay, lots of mana FOMO so i'm here with not so good news.

However, this to me looks like a blow off top.

what happens with a blow off top is that it retraces and tests the golden pocket after an irrational bullish leveraged euphoria rally

this confirms a dead cat bounce, or what it's called in the market cycle

"we're just cooling off"

What invalidates this?

If we break the golden pocket. (3.53) and closed the day above it. then the rally may perhaps continue.

Cheers!
@bitmoey

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