$MANA /USDT Breakout in Progress
$MANA is showing strong bullish momentum, currently trading at $0.5473, up 9.02% in the past 24 hours. The 15-minute chart indicates consistent upward movement, with a breakout from the recent consolidation phase.
Key Levels to Watch:
Support: $0.5335
Resistance: $0.5500
Trade Setup:
Long Entry: Above $0.5500
Target 1: $0.5600
Target 2: $0.5700
Short Entry: Below $0.5335
Target 1: $0.5200
Target 2: $0.5100
Indicators:
RSI: Overbought zone (82.73), suggesting potential short-term correction or strong bullish pressure continuation.
MACD: Positive histogram indicating ongoing bullish momentum.
Pro Tip:
Consider taking partial profits near key resistance levels to secure gains while trailing stop-losses to minimize risk. Volatility is expected, so monitor these levels closely.