#SolvProtocolMegadrop 📊 Technical Analysis: $MANA

##MicroStrategyStockSale #BTCMiningPeak #DEXVolumeRecord /USDT on Binance 📊

The $MANA/USDT trading pair has recently shown significant price action, with a solid +3.83% rise over the last 24 hours, pushing the price to 0.4903 USDT. As we analyze the chart and price movements, here are three key target levels to watch:

🎯 Target 1: $0.4950

Reasoning: The price has been consolidating just below this level, and a break above $0.4950 could signify a continuation of the uptrend. A successful breakout may push the price toward higher resistance levels. Watch for volume spikes as confirmation of the breakout.

🎯 Target 2: $0.5100

Reasoning: This level is a psychological resistance point. If the price manages to clear the $0.4950 barrier, we could see the price testing $0.5100. This target aligns with previous highs in the market, and it may attract selling pressure, so monitor for any signs of reversal.

🎯 Target 3: $0.5250

Reasoning: If MANA successfully surpasses the $0.5100 resistance, the next target will likely be $0.5250. This level has historically acted as a strong resistance point, and reaching this level could signal that the market is entering a more bullish phase. Traders should be mindful of a potential pullback once this level is hit.

📉 Key Support Levels to Watch:

$0.4563: Recent low, a critical support level. A drop below this level could indicate a shift in market sentiment and open the door for further downside risk.

📅 Summary: MANA/USDT is currently showing bullish momentum, but traders should keep an eye on the resistance levels at $0.4950, $0.5100, and $0.5250. If the price breaks through these levels, we could see further gains, but caution is necessary in case of potential pullbacks.

Stay informed and trade wisely! 🚀

This is not financial advice. Please conduct your own research before making any investment decisions.