MyCryptoParadise

MANA/USDT Could MANA Breakout the crucial area ?? Or rejected

BINANCE:MANAUSDT   Decentraland / TetherUS
💎 MANA has been a prominent player in the market, facing challenges in overcoming the supply area. Recently, MANA experienced a false breakout and is currently striving to regain its position above the supply level. A successful breach of this resistance could probability lead to a significant upward trend, with the bearish OB area being the next anticipated target.

💎 However, if MANA fails to achieve a breakout and remains in consolidation at this resistance level over the next few days, there's a likelihood of facing another rejection. This could result in MANA reversing its course back towards the demand area.

💎 In the demand zone, a strong response is essential for MANA. If it fails to demonstrate a significant rebound from this zone, there's a risk of breaking down further. Such a scenario could signal a shift back to a bearish trend for MANA, potentially leading to a descent towards a stronger support area.

Do you Want to start trading like a PRO?

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

Join FREE👉 t.me/+QwK2mkoTGBU0Nzc0

🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.