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MyCryptoParadise_Simon
Nov 29, 2023 4:47 PM

MANA/USDT Anticipating Bullish Momentum?πŸ‘€πŸš€MANA Today AnalysisΒ Long

Decentraland / TetherUSBinance

Description

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πŸ’Ž Paradisers, direct your attention to MANAUSDT as it exhibits a notable pattern, suggesting a strong probability for a bullish move.

πŸ’Ž#MANA historical performance reveals a tendency to adhere to a descending channel pattern, with a break above leading to an upward trajectory. Presently, it is demonstrating a bullish stance. The critical level to watch is $.4244; maintaining momentum at or above this level could indicate a bullish continuation.

πŸ’ŽShould it fail to hold, the next focal zone is at $.3931, aligning with the observed pattern trajectory. #MANA sustained upward momentum is targeting a resistance level at $.4968, with the potential to rise further towards supply levels at $0.6932.

πŸ’Ž Furthermore, prepare for a potential bullish resurgence from the support level of $.3581 if #MANA does not sustain its upward momentum. A drop below this level could raise concerns about the viability of the ongoing bullish trend.

πŸ’Ž In the current dynamic and fluid market environment, strategic planning and discerning decision-making are critical. Developing a comprehensive trading strategy, incorporating effective money management, and a deep understanding of support and resistance levels, is essential for achieving sustained trading success. πŸŒ΄πŸ’°
Comments
behdark
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It was a valuable idea.thanks
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