Decentraland / TetherUS
Long

MANA/USDT Poised for a Possible Bullish Rebound👀🚀MANA Analysi

224
đź’Ž Paradisers, let's zoom in on #MANAUSDT, where the current pattern is signaling the potential for an impressive bullish rebound from its key support zone.

đź’Ž A look at #MANA recent market activity reveals a steep 34% fall after hitting a wall at a significant supply level. However, it has shown some tenacity around the support level of $0.4104, suggesting a possible upward move.

đź’Ž Despite the current challenge in achieving new highs or surpassing previous peaks, leading to a short-term bearish sentiment, the $0.4104 level is crucial. It's poised to possibly catalyze a robust bullish wave if retested.

đź’Ž As forward-thinking traders, we're always equipped with a plan B. Should #MANA falter at the $0.4104 support and go lower, our sights are set on a bullish recovery starting from the lower support at $0.3747. Keep in mind, though, that a drop below this secondary support could signal further downtrends.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.