📊 $MANA
/USDT Technical Analysis: Metaverse Gem on the Move!
The metaverse token MANA is gaining strong momentum, currently trading at $0.5139, up +20.44% in the last 24 hours. Let’s dive into its potential targets and key levels for traders!
Key Levels to Watch
📈 Immediate Resistance: $0.5400
MANA faces strong resistance at $0.5400, which aligns with the recent 24-hour high. A breakout above this level could pave the way for higher targets.
📉 Support Zone: $0.4200–$0.4300
This area has provided solid support during pullbacks and is crucial for maintaining bullish momentum.
🎯 Price Targets
1️⃣ Target 1: $0.5800
A breakout above $0.5400 could push MANA towards $0.5800, marking a 10% surge from the current level. This aligns with historical resistance and Fibonacci extensions.
2️⃣ Target 2: $0.6300
If momentum sustains, $0.6300 is the next milestone, showcasing a significant gain as MANA rides the metaverse wave.
3️⃣ Target 3: $0.7500
In case of a strong rally supported by market sentiment and volume, $0.7500 is achievable, tapping into major resistance from previous months.
Trading Insights
Volume Surge: With a 24-hour volume of 86.29M MANA, the bullish sentiment is undeniable.
RSI Level: Indicators show MANA is entering the overbought zone, signaling caution for late buyers.
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