MyCryptoParadise

MANA/USDT It required Breakout for Continue the upward Move!

BINANCE:MANAUSDT   Decentraland / TetherUS
πŸ’Ž MANA has indeed made its mark in the cryptocurrency market with significant market dynamics. Currently, MANA is facing resistance at the supply area.

πŸ’Ž 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.

πŸ’Ž 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.

πŸ’Ž 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.

Do you Want to start trading like a PRO?

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

Join FREEπŸ‘‰ t.me/+QwK2mkoTGBU0Nzc0

πŸŽ–οΈOr Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals πŸ‘‰ shorturl.at/ikpAV
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.