$MANA has increased by 8.884% over the past 24 hours, nearing the upper Bollinger Band at 0.3182.
This proximity suggests potential overextension, indicating a possibility for a pullback.
Key support lies at 0.2963, while resistance remains at 0.3187.
With volatility expanding, traders should be cautious of rapid price movements.
Consider placing a stop-loss below 0.2963 to manage risk effectively.
For now, a recommended action is to wait for a confirmation of trend direction before entering a position.