$MANA has surged by 11.146% in the last 24 hours, indicating strong bullish momentum.
The price bounced off the support level at 0.311 and approached resistance at 0.354, showing a clear upward trend.
Bollinger Bands suggest a tightening range, hinting at potential volatility ahead.
Despite Bitcoin's undefined influence presently, overall crypto market trends are favoring upward movements.
Recent macroeconomic data, including positive inflation indicators, could enhance investor confidence in the sector.
Traders may opt for a short-term strategy to capitalize on current momentum, monitoring resistance closely.
Key takeaway: MANA's volatility paired with strong technical indicators presents a compelling short-term trading opportunity.
