R0MM3LL

Decentraland $MANA Culmination Point

Short
BINANCE:MANAUSD   Decentraland
$MANA has lost support of 100 EMA on Daily and is now testing 200 EMA. Clear rejection w/ 50 EMA on the 3-day chart.

Clear bearish continuation with $1.08 likely landing zone, 90% retracement from ATH to $0.62 is within range.

Metaverse projects are unlikely to be exempt from tightening monetary supply as risk-off institutional activity gains momentum.

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