Bitcoin took a hit but managed to hold on the Daily TF. After dipping lower yesterday, buyers stepped in around the NY open and pushed price into a small recovery.
Now the weekend is here, so expect slower price action unless major news shakes up the market.
The key is whether BTC can defend its current support and build enough momentum for another move higher. Losing support could invite more selling, while a strong recovery would give bulls some hope.
Patience is key. Let BTC show its next move before jumping in.
The market structure is getting interesting as MANA continues to print higher highs and higher lows, showing that buyers are gradually gaining strength.
However, price has faced rejection from the key resistance zone at $0.105–$0.108. This is the level bulls need to overcome to unlock the next potential move.
Key Levels to Watch
Resistance: $0.105–$0.108
Bullish Trigger: A strong breakout above $0.108.
Retest Opportunity: A successful retest of the broken resistance could confirm that buyers are taking control.
Current Structure: Price may consolidate sideways before making its next move.
What's Next for MANA?
If buyers build enough momentum to break above $0.108 and hold it as support, MANA could enter a fresh bullish phase, opening the door for further upside.
However, if resistance continues to reject price, we could see more sideways movement or a possible pullback before the next attempt.
For now, I'm watching the price action closely. The higher-high, higher-low structure looks promising, but a confirmed breakout matters more than anticipation.
The next move could set the tone for MANA's short-term to mid-term trend.
Will bulls finally break the $0.108 resistance, or will MANA consolidate longer?
$BTC is once again retracing, with price making a small move lower and sweeping through liquidity resting below.
The bigger picture is getting interesting:
• $86K–$87K remains a major resistance zone • Price is struggling to break above this range • H4 structure is slowly turning sideways • Liquidity is building on both sides • A decisive breakout is needed to reveal the next major move
A clean break above $87K could open the door toward higher levels, while a breakdown from the range could trigger another liquidity sweep lower.
For now, patience. Let $BTC choose the direction before chasing the move.