MyCryptoParadise

MANA/USDT bullish continuation from demand? 👀🚀MANA Analysis

Long
BINANCE:MANAUSDT   Decentraland / TetherUS
đź’Ž Paradisers, focus your attention on #MANAUSDT, as it's currently showing promising signs. The asset is in a position that strongly suggests a bullish continuation from its current demand zone.

đź’Ž Observing #MANA recent behavior, we noted a rejection at the resistance level of $0.5779. Presently, there are substantial chances for a bullish move from the demand zone at $0.4726. Should the price manage to sustain its momentum above this zone, we anticipate a bullish thrust towards the significant resistance level at $0.7022.

đź’Ž However, in the unpredictable realm of cryptocurrency trading, #MANA traders should be prepared for a variety of market shifts. If the price struggles to maintain its strength at the demand level, a strategic approach might involve gearing up for a bullish rebound from a lower support level, particularly around $0.4277.

đź’Ž Significantly, a drop below this support level would require a thorough reevaluation of strategy, as it may indicate a potential difficulty in upholding a bullish market direction.


Do you Want to start trading like a PRO?

Follow a team of traders with 10+ years of experience?

Join FREE👉 t.me/+QwK2mkoTGBU0Nzc0

🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
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.