MANA/USDT Technical Analysis & Trade Signal

Current Price: 0.8382 USDT

24h High: 0.8519

24h Low: 0.6703

24h Price Change: +23.77%

Technical Indicators:

Parabolic SAR: Current value is 0.7514, which is below the price, indicating a bullish trend.

Support Levels:

Strong Support: 0.6703

Secondary Support: 0.7711

Resistance Levels:

Immediate Resistance: 0.8519

Next Resistance: 0.8647

Momentum:

The momentum is bullish, as the price has risen 23.77% in the last 24 hours. The Parabolic SAR also suggests a continuation of the upward trend, as the price is above the SAR level.

Trade Signal:

Buy Signal: If price holds above 0.8382 and approaches 0.8519, consider entering a buy position.

Target Levels:

Target 1: 0.8647 (Next resistance level)

Target 2: 0.90 (Psychological resistance area)

Target 3: 1.00 (Round number resistance)

Stop-Loss: Below 0.77 to limit risk if the trend reverses.

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