$MANA/USDT: Technical Analysis and Trade Insights
Current Price: $0.8359
24h Change: +24.11%, reflecting strong bullish momentum
24h High/Low: $0.8519 / $0.6703
Key Technical Indicators:
Support Level: $0.6703 (previous 24-hour low)
Resistance Level: $0.8519 (recent high)
RSI: Likely in the overbought zone (>70), signaling potential consolidation or pullback.
Moving Averages: If the price is above the 50 and 200 SMAs, the bullish trend remains intact.
Trade Signal:
Momentum: The +24.11% surge highlights strong bullish sentiment, but caution is warranted due to overbought RSI levels.
Entry Point: Consider buying around $0.8359, monitoring pullbacks near $0.8031 and $0.7465.
Target Levels:
1. First Target: $0.8700, achievable with a breakout above #Share1BNBDaily #ThanksgivingBTCMoves $MANA