$MANA /USDT Signal Alert‼️‼️‼️‼️

Current Price: $0.3850

Direction: Long plus buy in spot

Entry Point: $0.3800 - $0.3850 (support zone)

Stop Loss: $0.3700 (approximately 2.6% below the lower entry point)

Take Profit: $0.4200 (near recent resistance, approximately 9.1% gain)

Technical Analysis:

1. Daily Chart:

- MANA is showing signs of a bullish breakout, retesting a previous key resistance zone at $0.3800-$0.3850, which now acts as support.

- The overall trend is upward, with higher lows and higher highs forming.

2. Four-Hour Chart:

- The retest of support aligns with the 50-EMA, a critical level often indicating trend continuation.

- RSI is above 50 but not overbought, signaling room for further upside.

3. 15-Minute Chart:

- A bounce from the $0.3800 support zone is evident, with bullish candles forming.

- Volume is gradually increasing, confirming buyers stepping in.

Long Setup:

- Reason: Retest of support at $0.3800-$0.3850 provides a favorable risk-reward ratio for a bullish continuation toward $0.4200.

Alternative Short Signal (if invalidated):

- Entry Point: $0.3750 (if price breaks below $0.3800 support).

- Stop Loss: $0.3850 (above the breakdown level).

- Take Profit: $0.3500 (next significant support zone).

- Reason: A breakdown below $0.3800 would invalidate the bullish setup and suggest a potential move to test lower support levels.

Risk Management:

- Use no more than 2% of your account balance per trade.

- Monitor key levels closely, especially the $0.3800-$0.3850 support and $0.4200 resistance zones.

Signal Validity: Until the price moves significantly away from $0.3850 or the trend direction changes.