manaIn the long term, we had a break that is currently pulling back to the broken area.
Just considering the market conditions, if the green box breaks in the short term, it is recommended to buy at the green points and lines in the medium term.
So now the green box is important for us.
And I also put 4 lines as resistance above it so that if it wants to make a move and become support, it will react to those red lines in the short term.
So be careful.
MANAUSDT trade ideas
ManaMana usdt Daily analysis
Time frame daily
Risk rewards ratio =2 👈👌
Target 1.1$
mana is one of the gaming tokens that offers earning potential . explore the potential of gaming tokens, offering lucrative opportunity in play to earn and virtual economies
Technical: mana had a good growth to ex high price but couldn't reach to new high in this year. Price fell down to save energy and now is the best time to pump and break strong resistance boxes ( red boxes in fhe chart) and reach my target on 1.1$
But if it can't break the resistance, don't worry. New year holidays will help to gaming tokens like mana and sand and etc.
Decentraland (MANA)📊 MANA Analysis
🔹 Overall Status:
MANA has successfully broken out of its descending channel. However, it failed to push higher after reaching the weekly resistance (red zone). Currently, the coin is correcting and pulling back from this resistance toward the top of the descending channel.
🔹 Daily Timeframe Analysis:
Correction of the Uptrend:
The upward wave, which started from the bottom of the channel, has now retraced to the 0.382 Fibonacci level.
Forecast:
This correction might deepen further and test lower support levels, such as 0.5 or 0.618 Fibonacci levels.
🔹 Weekly Timeframe Analysis:
If MANA can break its weekly resistance:
The price could rally toward the gray zones.
These zones align with the 1.618 and 2.618 Fibonacci levels.
🔹 RSI and Entry Signals:
The RSI entering the Overbuy zone on both daily and weekly timeframes can act as a trigger for entry.
✅ Conclusion and Recommendations:
1️⃣ Key Support and Resistance Levels:
0.382 Fibonacci level (current support).
Red zone (weekly resistance).
2️⃣ Entry Strategy:
Gradual laddered entry after confirming support or breaking the weekly resistance.
Support confirmation could include retesting and stabilizing at these levels.
3️⃣ Monitor RSI:
Pay close attention to RSI signals on the daily and weekly timeframes to ensure trend strength.
4️⃣ Risk Management:
Laddered entries help reduce investment risks and allow for adjustments if deeper corrections occur.
💡 Pay close attention to price behavior, manage your risk effectively, and stay alert to key support and resistance zones.
MANA at a key decision Point ?MANA, one of the leading metaverse tokens, has surged from the $0.28 level to $0.77, a strong resistance zone and a critical decision level for its next move. In my opinion, if the price breaks above this level and successfully retests it, turning the resistance into support, we could see a push toward higher price targets indicated on the chart.
However, a successful push and rally could establish a new trend, potentially leading to appreciation in other tokens within the same category as investor confidence grows across the metaverse sector.
On the other hand, a failed breakout or rejection at this resistance could lead to a retracement, sending the price back to the lower zone around $0.35–$0.28.
Follow for more chart ideas and insights.
NFA: This is not financial advice—always conduct your own research and trade responsibly.
MANA looking strong for continuation (+192%) to (+270%)If MANA maintain above $0,745 that is the anchored vwap from dec 2021 at the end of this week will signling strength to get to higher prices it is breaking the descending wedge pattern and could lead to reach $1.13 soon and above the value area high from may 2022 to now. The target is in confluency with fibonacci levels, weekly and monthly levels and between value area low and point of control from last bull run.
TARGET: $2,27 to $2,84 up to (+270)
MANA on the Verge of a Price Explosion; Major Bullish Wave Ahead🔹 MANA's two-year range structure is finally breaking. With a breakout above the static support of $0.85, this cryptocurrency has the potential for significant growth.
🔹 Elliott Wave Analysis suggests that MANA is either in Wave C or at the beginning of Wave 3. This wave is expected to move sharply and impulsively, typically resulting in substantial upward momentum.
🎯 Price Targets:
1️⃣ $5.5 (500% profit)
2️⃣ $14 (1500% profit)
Here I buy Decentraland at $0.85Here I buy Decentraland too
Buy orders starting at $0.85 cents
And Decentraland supply shock is set at $0.85
Now Akon sing to them in
All up to you (Miami, 2009)
I'ma always keep it true
And I must still do my thing, even if it is not with you
Hey
And I hope you're prepared to be
heartbroken forever
'Cause no one can be compared to me
Nobody can fu#% you like I can or handcuff you like I can
And you'll be there when sh#% hit the fan, like I can
MANAUSDT Set for Channel Breakout!MANAUSDt Technical analysis update
BINANCE:MANAUSDT price has formed a descending channel on the weekly chart, which has been developing over the past 930 days. The price is now approaching the channel's resistance line, with rising volume observed in recent weeks. Additionally, the price is trading above the 100 EMA. Once the breakout is confirmed on the weekly chart, a strong bullish move can be anticipated.
TradeCityPro | MANA : Aiming for the Top of the Box👋 Welcome to TradeCity Pro!
In this analysis, I’ll review MANA, the native token of the Decentraland project, one of the most well-known Metaverse initiatives. This coin has seen significant growth in recent weeks.
⏳ Weekly Timeframe: Approaching the Box Ceiling
On the weekly timeframe, we observe a long-term range lasting 826 days. The bottom of this range is at 0.2501, while the top lies at 0.8170. Over the past few weeks, the price has moved from the bottom of the box, breaking above 0.4165, and has now approached the ceiling at 0.8170.
✨ If RSI breaks above the 74.42 resistance level and the price stabilizes above 0.8170, additional bullish momentum could enter the market. In this case, the first target would be 1.1101, followed by 2.1776. Should the price consolidate above these levels without showing signs of weakness, the all-time high (ATH) of 5.0563 may also be achievable.
⏳ Daily Timeframe: Momentum Exhaustion?
On the daily timeframe, we see a parabolic move originating from the bottom of the range and now testing its ceiling.
📈 Currently, after testing the 0.7859 resistance, the price has pulled back to 0.5631. Interestingly, there’s no visible divergence in the RSI, indicating a healthy trend. If RSI re-enters the Overbought zone, the next leg up could commence.
🔽 In a potential correction scenario marked by reduced volume, the price might enter a time correction phase, ranging within the current area. For price correction, the key level to watch is 0.3926.
🚀 Breaking through 0.7859 could initiate a long-term bullish trend toward the ATH.
⏳ 4-Hour Timeframe: Futures Triggers
On the 4-hour chart, more granular details of the previous move are visible. The price has currently retraced to 0.382, aligning with the 0.5631 level. If the correction continues, the 0.5 and 0.618 levels could serve as suitable targets.
🔼 For a long position, breaking above 0.7316 and consolidating above this level would be ideal, potentially initiating a new bullish leg. If RSI enters the Overbought zone, significant momentum could drive the market. Breaking above the 50 level on RSI would also signal the end of bearish momentum and a possible trend reversal.
❌ As for a short position, I prefer not to open one unless a trend reversal is confirmed. Currently, there’s no trigger for shorting, and I recommend avoiding counter-trend trades.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
MANAUSDT - Price Target Looking for a target at around $15
I think the bear market on this one is nearly over and it will explode upwards this alt season
The % increase of this up coming run is less than the prior one as the earlier one was most likely a lot more of an aggressive upward move.
Daily timeframe
Decentra Land (MANA): Possible 30% Correction / DCA for Spot!!Mana coin has a good possibility to correct the price with 30% of market price movement on an hourly timeframe while maintaining a bullish setup for us on a weekly timeframe.
2 tiemframes with 2 different outcomes; keep your attentions at that major resistance zone!
More in-depth info is in the video—enjoy!
Swallow Team