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๐ $MANA /USDT โ 1H Analysis
MANA is trading around $0.06949 after a strong 7%+ move. Price has rallied sharply from the $0.063โ$0.064 consolidation zone and is now testing the psychological $0.0700 resistance area.
๐ Pullback Scenario: After this fast upward move, MANA could face profit-taking. If price gets rejected around $0.0700 and loses $0.0680, a correction toward $0.0660 could follow.
๐ฏ A deeper pullback could bring the previous breakout zone around $0.0640โ$0.0630 back into focus.
๐ Invalidation: A strong 1H breakout and hold above $0.0700 would weaken the bearish pullback scenario.
Wait for confirmation before entering. Always use Stop Loss and proper risk management.
#MANA #MANAUSD #Crypto #Trading #Binance
MANA is trading around $0.06949 after a strong 7%+ move. Price has rallied sharply from the $0.063โ$0.064 consolidation zone and is now testing the psychological $0.0700 resistance area.
๐ Pullback Scenario: After this fast upward move, MANA could face profit-taking. If price gets rejected around $0.0700 and loses $0.0680, a correction toward $0.0660 could follow.
๐ฏ A deeper pullback could bring the previous breakout zone around $0.0640โ$0.0630 back into focus.
๐ Invalidation: A strong 1H breakout and hold above $0.0700 would weaken the bearish pullback scenario.
Wait for confirmation before entering. Always use Stop Loss and proper risk management.
#MANA #MANAUSD #Crypto #Trading #Binance
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