Decentraland / TetherUS
Long
Updated

MANA/USDT upward momentum?👀🚀MANA Today Analysis

605
💎 Paradisers, it’s time to spotlight #MANAUSDT as it’s showing promising signs of a bullish move. This comes after a key resistance level has transformed into a potential springboard for growth.

💎 Diving into #Decentraland recent market path, it has successfully navigated a descending trendline, breaking upwards. After a rejection at the resistance of $0.5117 and a retest of the trendline, it made a strong move upwards, turning the previous resistance into a support zone.

💎 Currently stationed at this new support level of $0.5117, if #MANA maintains its momentum, we might see a significant bullish movement.

💎 However, for the astute traders among us, it’s crucial to have a Plan B. If #MANA slips below this support level of $0.5117, we should be prepared for a bullish recovery from a slightly lower support at $0.4940. Notably, a breach below this secondary support could lead to a more pronounced downward trend. 🌴💰
Trade closed: target reached
💎 Just as predicted, #MANAUSDT up a smooth 20.09%!
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