💎 MANA has recently witnessed significant developments in the market. Currently, MANA appears to be on a downward trajectory, heading towards the demand area. There is potential for a significant bounce once it reaches the demand area.
💎 However, if MANA aims to reverse its course and move upward without retesting the demand area, it faces a challenging task, as it would need to break the existing pattern.
💎 The target for an upward movement could be the strong resistance area, but achieving this probability would require a breakout to reach our goal at the Bearish OB.
💎 On the other hand, if MANA retraces to the demand area during a retesting phase and fails to sustain itself there, resulting in a breakdown of the demand zone, this would be a bearish signal. It could trigger a continued downward movement, potentially returning to the strong support area.
Trade closed: target reached
Just like clockwork, #MANA is tracing our forecast, hitting that sweet 65.26% growth mark.
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Disclaimer
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.