---$MANA
๐ MANA/USDT Price Prediction: A Proven Success!
Before the Pump (First Chart):
In my earlier analysis, I identified a clear ascending triangle pattern on the daily timeframe. With MANA consolidating near the lower resistance zone and consistently forming higher lows, it was evident that bullish momentum was building. I highlighted the potential breakout to the upside, targeting the $0.40+ resistance zone as the next significant level to watch.
Key Observations:
Ascending Triangle Pattern: A bullish continuation pattern.
Resistance Zones: Clearly defined at $0.40 and $0.60 levels.
Volume Indication: A possible breakout was imminent as the pattern matured.
After the Pump (Second Chart):
As anticipated, MANA/USDT broke out of the ascending triangle with strong bullish momentum, surging over 60% to hit the next resistance zone at approximately $0.49. This move validated the technical analysis and the power of pattern-based predictions. The resistance zone at $0.60 remains a significant level to watch for further upside.
Key Highlights:
Breakout Validation: MANA's breakout confirmed the bullish setup I predicted.
Volume Surge: The breakout was accompanied by increased trading volume, a key indicator of trend strength.
Next Target: The upper resistance at $0.60 could be the next goal if the momentum sustains.
Whatโs Next?
While MANA has hit the first resistance zone, traders should monitor price action near the $0.50 level for signs of continuation or consolidation. If bulls maintain control, a move toward $0.60+ could be on the horizon. However, a pullback to retest the breakout zone ($0.40-$0.45) is also a healthy possibility.
This is a great example of how technical analysis can provide actionable insights. Stay tuned for more updates and potential opportunities!
Your Thoughts?
Did you catch this move? Let me know in the comments below. Keep following for accurate predictions and market insights!
---
