$MANA / USDT Key Level and Next Move!⏳
Current Price: $0.4801 (-9.42%)
🔎 Performance Overview:
4-Hour Chart Trend:
MANA has experienced a sharp decline, with prices dropping below key levels. A bearish trend dominates the current market sentiment.
📉 Technical Analysis:
Support and Resistance:
Immediate Support: Around $0.4650Resistance Levels: Near $0.5000 and $0.5320
Price Movement Insights:
A steep drop in price followed by a slight attempt to stabilize indicates high volatility and market uncertainty.The failure to hold above $0.5000 suggests a lack of strong buying pressure.
Volume Analysis:
24h Volume (MANA): 20.23M24h Volume (USDT): 10.12M
🌐 Market Sentiment:
Despite a 72.42% increase in the last 90 days, the token has faced a 34.14% drop over the past 30 days, reflecting potential profit-taking or broader market corrections.
💬 Discussion Points:
Will $MANA find support at $0.4650 and begin a recovery phase?Are you bullish or bearish on MANA in the short term?
Share your insights and strategies below! 📈