MANAUSDT
💥MANA - TO FALL BY 18% OR 33% TO $1.11 OR $0.91Please support this idea with a LIKE👍 if you find it useful🥳
We saw a trendline and a falling wedge breakout which gave this coin a 100% rise happened on this coin in the last 72 hours. Price rose from $0.75 - $1.50.
Therefore I believe it's time for the coin to rest before another upmove.
Therefore I expect a fall by 18% or 33% to $1.11 or $0.91.
What do you think?
Share your opinion in the comment section✍️
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Mana Hit New AllTime HighBig news from Facebook rebranded their company become Meta cause a big pump for mana, up 28.85% today. So far so bullish, mana even break the fibb extension 1.618 at $ 1.5582. It seems like it doestn wants to go down but stay safe and place a bid at the previous ATH $1.670 if it hold but if it doesnt it could go lower to $1.0996. Good Luck. #DYOR #NFA
The Facebook Effect MANAUSDMaybe I am correlating two unrelated things, but
Facebooks recent announcement about pursuing the metaverse future gives a project like Decentraland a lot of exposure
Regardless,
The TA on this timeframe (1Hr) shows an inverted ascending scallop, these breakout to the upside after reaching a certain point of stability