1. Downward Trend: The chart shows a downward trend (descending trendline) that is affecting the price movement of the coin. You may use this area to find a bottom.
2. Accumulation Zone: The blue area seems to mark a potential accumulation or support zone, where you may start to enter gradually using the DCA strategy.
3. Price Target: The dotted line shows a significant price increase projection, with a target of around 5.9 in 2025. This indicates a long-term upside expectation from the accumulation level.
4. Reversal Pattern Indication: There are indications that the price may be forming a reversal pattern, such as a breakout from the descending trendline.#CryptoExplorerFiesta #Binance $MANA