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Manausdtlong

#MANA/USDT –> Symmetrical Triangle Breakout#MANA The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest. We have a bearish trend on the RSI indicator that is about to be broken and retested, which supports the upward breakout. There is a major support area in green at 0.3250, representing a strong support point. We are heading for consolidation above the 100 moving average. Entry price: 0.3391 First target: 0.3458 Second target: 0.3560 Third target: 0.3668 Don't forget a simple matter: capital management. When you reach the first target, save some money and then change your stop-loss order to an entry order. For inquiries, please leave a comment. Thank you.
Long
by CryptoAnalystSignal
MANA About to Explode? 3-Year Channel Breakout Ahead!MANA has been consolidating inside a large descending channel for over 1100 days, consistently respecting both support and resistance levels. Recently, price formed a triangle pattern near channel support, a setup similar to Nov 2024, when MANA rallied over 150% after a breakout. This suggests a potential strong bullish move if resistance breaks. Key Points - Price has traded inside the channel for ~3 years - Strong resistance around $0.80 - Triangle pattern formed near the channel bottom support - A previous similar setup led to a sharp rally - Breakout could open doors for a mid-term bullish trend Trade Setup Entry: $0.35 Stop-loss: Below $0.26 Targets: First target: $0.75 Second target: $1.60 Cheers Hexa
Long
by HexaTrades
4
#MANA/USDT Situation, A Comprehensive Analysis !!!#MANA The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest. We have a bearish trend on the RSI indicator that is about to be broken and retested, supporting the upside. There is a major support area (in green) at 0.2617, which represents a strong basis for the upside. For inquiries, please leave a comment. We are in a consolidation trend above the 100 moving average. Entry price: 0.2823 First target: 0.3000 Second target: 0.3133 Third target: 0.3331 Don't forget a simple matter: capital management. When you reach the first target, save some money and then change your stop-loss order to an entry order. For inquiries, please leave a comment. Thank you.
Long
by CryptoAnalystSignal
MANA/USDT Rebounding from Key Weekly Demand Zone – Path to $1?🔶 Strong Support Zone (Demand Zone): MANA/USDT is currently testing a major weekly support area between $0.20 – $0.30, a zone that has historically acted as a strong demand level since 2021. Price has bounced off this region multiple times, indicating strong buyer interest and potential for a bullish reversal. 🔶 Chart Pattern: There is no classic pattern like a double bottom or head & shoulders, but price structure shows signs of horizontal accumulation, which resembles a Wyckoff re-accumulation phase—a typical base formation before a strong upside breakout. 🚀 Bullish Scenario: If the price holds above the $0.25 support and forms a higher low, a bullish continuation is likely. The following resistance levels could serve as potential upside targets: 1. $0.3610 – Initial resistance and confirmation level. 2. $0.5475 – Intermediate psychological level. 3. $0.8109 – Former supply zone. 4. $1.0661 – Major resistance from 2022. 5. $2.7291 – $5.0666 – Long-term targets if macro bull trend resumes. > Bullish Confirmation: A strong weekly candle close above $0.36 with high volume could spark a major rally. 🔻 Bearish Scenario: If price breaks down below $0.25 and closes below it on the weekly timeframe, it would invalidate the bullish structure and may trigger further downside towards: $0.13 – $0.07, the historical lows seen in early 2021. > Bearish Confirmation: A weekly close below $0.25 with increasing volume would suggest sellers are back in control. 🧠 Conclusion: MANA/USDT is at a pivotal point within a long-standing support zone. Holding this level could result in a strong upward move, but a breakdown would indicate further bearish pressure. Traders should watch this zone closely for confirmation in either direction. #MANAUSDT #Decentraland #CryptoTrading #TechnicalAnalysis #AltcoinAnalysis #BullishSetup #SupportZone #TradingView #MetaverseCrypto #CryptoBreakout
Long
by CryptoNuclear
MANAUSDT Huge Bounce Incoming?MANA is currently testing a long-term descending support trendline on the weekly chart. This level has acted as a reliable bounce zone multiple times in the past (highlighted with arrows). -Price is holding above a major support level (~$0.21), showing signs of demand. -Weekly RSI is forming a bullish divergence, with higher lows on RSI vs. lower lows on price — often a precursor to trend reversals. -Previous touches on this trendline have led to significant rallies.
Long
by HexaTrades
MANA/USDT Trading ScenarioDespite the rapid growth of BTC and many popular assets in the crypto market, some altcoins from promising projects remain heavily oversold and undervalued. One example is the native token of the Decentraland metaverse — MANA. It is currently trading 95% below its all-time high and is near a local minimum. From a volume profile perspective, the asset is attracting market participants in the current price range, and the accumulation phase has been ongoing for almost two years. If liquidity starts to shift from BTC into altcoins during an altseason, this token could experience significant growth and provide investors with a solid profit.
by Rick_SimpleSwap