$MANA /USDT - METAVERSE MAGIC ON THE RISE!
Overview
$MANA/USDT is currently trading at $0.8093, up by a whopping +18.86% in the last 24 hours. The 24-hour trading volume is a significant $137.69M, indicating strong bullish momentum. The price has broken through several resistance levels and is now eyeing higher targets.
Trade Scenarios:
* Bullish Scenario: If the price breaks above the $0.8240 resistance level, it could trigger a further uptrend towards the $0.8339 resistance level.
* TP: $0.8339
* SL: $0.7614
* Bearish Scenario: If the price breaks below the $0.7614 support level, it could initiate a downward trend towards the $0.6890 support level.
* TP: $0.6890
* SL: $0.8240
Market Outlook
The current bullish sentiment in the metaverse sector, coupled with the strong price action of $MANA/USDT, suggests that the token could continue its upward trajectory. However, it's essential to monitor market developments and potential profit-taking by traders who have benefited from the recent rally.