$MANA
🚀 Technical Analysis: MANA/USDT 🚀
The MANA/USDT pair has been showing promising bullish momentum, currently trading at 0.5754 USDT, reflecting a 6.81% increase over the past 24 hours. Let's take a closer look at the potential price action and identify three key price targets 🎯 to watch in the coming days:
🔹 Support Levels:
The price has recently found support around 0.5338, which has been a strong floor in the past 24 hours. A bounce from here could trigger further upward movement.
🔹 Target 1: 0.5860 (24h High)
This is the immediate resistance level. If MANA can break past this, the price could continue climbing towards new highs. Watch for a solid breakout above this level with high volume for confirmation.
🔹 Target 2: 0.6000
A psychological resistance point at 0.6000 could be a key level to watch. A break and close above this could signal the continuation of a strong bullish trend towards the 0.6500 region.
🔹 Target 3: 0.6500
The next significant resistance is seen at 0.6500. If the momentum continues, this could act as the upper target for this bullish cycle. This level is crucial for long-term trends and may define the future movement of MANA.
📊 Key Indicators:
24h Trading Volume: 22.53M MANA, 12.63M USDT
Moving Averages: MA(5): 469,977, MA(10): 569,264
Current Price: 0.5754 USDT
🔍 Conclusion: Watch the price action around these key levels for potential entry points and stay updated on volume spikes for confirmation of trend direction.