$MANA

/USDT Technical Analysis:🎯🎯🎯🚀🚀🚀

Current Price: $0.5946

Trend: Bearish (down by -3.46% in the last 24 hours)

Key Levels:

Support: $0.5772 (strong buying interest around this level)

Resistance: $0.6178 (potential resistance, watch for reversals)

Range: $0.5791 - $0.6231

Trade Signal:

Bearish Momentum: Price has been consistently near the lower end of the range, signaling potential continued downside pressure.

Recommendation: Consider a short position if price fails to break above $0.6178.

Targets:

1. Target 1: $0.5772 (primary support zone)

2. Target 2: $0.5640 (next support level)

3. Target 3: $0.5500 (stronger support level)

Trade Momentum:

The recent dip indicates bearish momentum, with the potential for price to continue downward, especially if it holds below $0.5900.

Look for possible reversal signs (e.g., price rejecting resistance at $0.6178) if considering a buy entry at lower levels.

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