MANA/USDT Technical Analysis & Trade Signal

Current Price: $0.808 (+19.76% in 24h)

24h High: $0.824

24h Low: $0.655

Volume: 125.12M MANA / 93.45M USDT

Technical Analysis:

Trend: Bullish momentum is currently strong, with the price showing a significant 19.76% increase in the last 24 hours.

Support: $0.7644 (SAR Level)

Resistance: $0.824 (Recent High)

Key Indicator: The Relative Strength Index (RSI) and other momentum indicators show potential continuation of upward movement.

Trade Signal:

Buy Entry: $0.808 (current market price)

Target Levels:

1. First Target: $0.824 (Immediate resistance)

2. Second Target: $0.840 (Next resistance zone)

3. Third Target: $0.870 (Further upside potential)

Momentum:

The momentum is bullish, supported by a strong 24-hour price rise. Expect further upside as long as the price holds above $0.7644. However, a pullback below this level would indicate potential weakness.

Trade Advice: Enter at the current price, targeting $0.824, $0.840, and $0.870 with stop-loss just below $0.7644 for risk management.

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$MANA