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Manausdtanalysis

MANA/USDT Rebounding from Key Weekly Demand Zone – Path to $1?🔶 Strong Support Zone (Demand Zone): MANA/USDT is currently testing a major weekly support area between $0.20 – $0.30, a zone that has historically acted as a strong demand level since 2021. Price has bounced off this region multiple times, indicating strong buyer interest and potential for a bullish reversal. 🔶 Chart Pattern: There is no classic pattern like a double bottom or head & shoulders, but price structure shows signs of horizontal accumulation, which resembles a Wyckoff re-accumulation phase—a typical base formation before a strong upside breakout. 🚀 Bullish Scenario: If the price holds above the $0.25 support and forms a higher low, a bullish continuation is likely. The following resistance levels could serve as potential upside targets: 1. $0.3610 – Initial resistance and confirmation level. 2. $0.5475 – Intermediate psychological level. 3. $0.8109 – Former supply zone. 4. $1.0661 – Major resistance from 2022. 5. $2.7291 – $5.0666 – Long-term targets if macro bull trend resumes. > Bullish Confirmation: A strong weekly candle close above $0.36 with high volume could spark a major rally. 🔻 Bearish Scenario: If price breaks down below $0.25 and closes below it on the weekly timeframe, it would invalidate the bullish structure and may trigger further downside towards: $0.13 – $0.07, the historical lows seen in early 2021. > Bearish Confirmation: A weekly close below $0.25 with increasing volume would suggest sellers are back in control. 🧠 Conclusion: MANA/USDT is at a pivotal point within a long-standing support zone. Holding this level could result in a strong upward move, but a breakdown would indicate further bearish pressure. Traders should watch this zone closely for confirmation in either direction. #MANAUSDT #Decentraland #CryptoTrading #TechnicalAnalysis #AltcoinAnalysis #BullishSetup #SupportZone #TradingView #MetaverseCrypto #CryptoBreakout
Long
by CryptoNuclear
MANA Accumulating – Ready for a Pump?$MANA/USDT weekly chart shows the price moving within a sideways accumulation zone, respecting a rising support line after a prolonged downtrend. It is currently testing the 50 EMA, which acts as a key resistance level. A breakout above this could signal further upside, while failure to hold could lead to a retest of the support zone. The Stoch RSI is in the oversold region, suggesting potential bullish momentum. If MANA breaks above 0.35 USDT, it could push towards 0.70 USDT+, while a drop below 0.20 USDT might extend the bearish trend. DYOR, NFA Do Likes and follow us
Long
by unichartz
MANA/USDT It required Breakout for Continue the upward Move!💎 MANA has indeed made its mark in the cryptocurrency market with significant market dynamics. Currently, MANA is facing resistance at the supply area. 💎 If MANA successfully breaks out above this area with a confirmed daily candle close, it can probability continue its upward movement and reach our target area. 💎 However, if MANA fails to break out above the supply area, there is a potential for the price to be rejected and gradually move downward towards the demand area around 0.574 to establish a new momentum. 💎 At the demand area, it is crucial for MANA to bounce decisively to attempt another breakout above the supply area. Failure to hold the support could indicate a bearish reversal, leading MANA back to downward movement, potentially reaching lower levels.
by MyCryptoParadise
MANA/USDT Could MANA break the pattern or going to retest ??💎 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.
by MyCryptoParadise_Nathan
MANA/USDT Could MANA Breakout the crucial area ?? Or rejected💎 MANA has been a prominent player in the market, facing challenges in overcoming the supply area. Recently, MANA experienced a false breakout and is currently striving to regain its position above the supply level. A successful breach of this resistance could probability lead to a significant upward trend, with the bearish OB area being the next anticipated target. 💎 However, if MANA fails to achieve a breakout and remains in consolidation at this resistance level over the next few days, there's a likelihood of facing another rejection. This could result in MANA reversing its course back towards the demand area. 💎 In the demand zone, a strong response is essential for MANA. If it fails to demonstrate a significant rebound from this zone, there's a risk of breaking down further. Such a scenario could signal a shift back to a bearish trend for MANA, potentially leading to a descent towards a stronger support area.
by MyCryptoParadise
1
Be careful crossing the bridge!The probability of growth for this currency is higher, but it is possible to have a correction to the first support range. If the first support range is lost, the most important support range is the price of 0.4646, the possibility of growth from this range can be higher, but if this range is broken, this pattern, i.e. the corner pattern, will be formed and we can see more fall. Therefore, if it reaches the second support range, the analysis should be updated. But what is possible for now is a rise to the first resistance area, which is the price of 0.5498
Long
by karaco2022
2
MANAUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Targets: 0.5 - 0.53 - 0.57 after first target reached move ur stop to breakeven Stop: ~0.33 (depending of ur risk). ALWAYS follow ur RM . RR: 1 to 3 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
Long
by trytofeelpositive
6
MANAUSDT Elliott Waves Analysis (LONGTERM)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry zone: 0.25 - 0.2 Targets: 0.35 - 0.55 - 0.85 after first target reached move ur stop to breakeven Stop: (depending of ur risk). ALWAYS follow ur RM . risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
Long
by trytofeelpositive
5
MANAUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and lower Targets: 0.7 - 0.9 - ~1.05 after first target reached move ur stop to breakeven Stop: (depending of ur risk). ALWAYS follow ur RM . risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
Long
by trytofeelpositive
1
MANAUSDT Elliott Waves Analysis (Local Expectations)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and higher Target: 0.64 - 0.56 - and maybe even ~0.52 after first target reached move ur stop in breakeven Stop: ~0.85 (depending of ur risk). ALWAYS follow ur RM . risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
Short
by trytofeelpositive
4