MANA at a key decision Point ?
MANA, one of the leading metaverse tokens, has surged from the $0.28 level to $0.77, a strong resistance zone and a critical decision level for its next move. In my opinion, if the price breaks above this level and successfully retests it, turning the resistance into support, we could see a push toward higher price targets indicated on the chart.
However, a successful push and rally could establish a new trend, potentially leading to appreciation in other tokens within the same category as investor confidence grows across the metaverse sector.
On the other hand, a failed breakout or rejection at this resistance could lead to a retracement, sending the price back to the lower zone around $0.35–$0.28.
Follow for more chart ideas and insights.
NFA: This is not financial advice—always conduct your own research and trade responsibly.
However, a successful push and rally could establish a new trend, potentially leading to appreciation in other tokens within the same category as investor confidence grows across the metaverse sector.
On the other hand, a failed breakout or rejection at this resistance could lead to a retracement, sending the price back to the lower zone around $0.35–$0.28.
Follow for more chart ideas and insights.
NFA: This is not financial advice—always conduct your own research and trade responsibly.
Penafian
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