TheCryptoCity

MANA Technical Analysis

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BINANCE:MANAUSDT   Decentraland / TetherUS
MANA is in a bearish trend with the price trading below the EMA 200, after rejecting from it the price declined to the $0.3231 support level and holding above it.

If the price manages to hold above at $0.3231 level we could expect a bounce back to the next levels.

If the price fails to hold the $ 0.3231 level it will move towards the next support zone Yellow at $0.2638 - $0.2845.Which is the best buying zone.

While the price is holding above at $0.3380 we can take some entries here and do some entry at the next Yellow zone.

The volume will also be a key factor to watch as it can provide insights into the strength of any potential moves.

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