Here's the latest analysis update for MANAUSDT:
Technical Analysis
The current trend for MANAUSDT is neutral, with a real-time technical analysis overview indicating a mix of buy and sell signals .
The price is moving within a bullish channel pattern on the 4-hour frame, which is a strong retracement pattern.
Key Levels
- Support Areas: $0.267, $0.27, and $0.300
- Resistance Levels: $0.32, $0.34, $0.40, and $0.55
Trade Ideas
- Long Position: Consider buying MANAUSDT around $0.267-$0.300, targeting $0.32-$0.40
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- Short Position: Consider shorting MANAUSDT around $0.32-$0.34, targeting $0.267-$0.27
Market Sentiment
The overall market sentiment for MANAUSDT is bullish, with some analysts predicting a potential breakout above the resistance level at $0.55
However, others caution that the price may drop further if it breaks below the support level at $0.24 .