MANA ๐ Decentraland (MANA/USDT) โ The Next Big Move? ๐
๐ Elliott Wave Analysis (2-Week Timeframe)
MANA is following a clear Elliott Wave structure, and the next major rally could be massive! ๐ฅ
๐ Wave Breakdown: ๐ข Wave 1 & 2 โ Early impulse followed by a correction. ๐ Wave 3 โ A powerful bullish wave pushed MANA to its all-time high. ๐ป Wave 4 โ A deep correction, forming a channel structure. ๐ Wave 5 (Upcoming Move!) โ A breakout towards $7+ is expected!
๐ Key Observations: โ Price is currently at the bottom trendline โ a critical accumulation zone. โ The next move aligns with Wave 3 of a smaller degree, which could be parabolic! ๐ โ Potential target: $7+ and beyond in the long run.
โ ๏ธ Conclusion: If this structure holds, MANA could be gearing up for a massive breakout soon! ๐
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.