MANA/USDT (1H) : Bullish Rebound Setup From Key Demand Zone

147
MANAUSDT is trading around $0.162 and is currently pulling back into a strong demand and entry zone at $0.164–$0.162. As long as price holds above $0.157, the bullish setup remains valid.

On the upside, $0.172 is the first target where some resistance is expected. If buyers push through with good momentum, the next upside level to watch is $0.187, which aligns with previous highs and selling zones.

From a broader view, MANAUSDT is stabilizing after a decline and showing signs of accumulation near support. Buyers are defending the $0.16 area well, suggesting potential upside continuation. Fundamentally, Decentraland remains stable with ongoing ecosystem development, and sentiment around metaverse tokens has slightly improved, supporting a possible recovery move.

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.