MANA is showing signs of life after consolidating for weeks! With increasing metaverse activity and whales accumulating, a breakout could be brewing.
The price is currently finding support near the 50-day Exponential Moving Average (EMA), aligning with the 0.618 Fibonacci retracement levelโa zone often considered a "reload" area for potential upward moves
Trade Setup (MANA/USDT):
Entry: $0.37 (upon confirmation of support at this level)
Take Profit (TP): $0.42 (targeting the next resistance zone)
Stop Loss (SL): $0.34 (below recent support to manage risk)
Risk/Reward Ratio: Approximately 1.67
Volume spike incoming? Watch the $0.50 breakout zone.
