Technical analysis by Motivation_Voice about Symbol MANA: Buy recommendation (6/27/2024)

MANAUSDT The image is a weekly trading chart for MANA/USDT (Decentraland/TetherUS) from TradingView. Here are some key observations from the chart: 1. **Current Price**: The current price of MANA is $0.3454. 2. **Historical Highs and Lows**: - The highest price shown on the chart is approximately $5.90. - Significant resistance levels are marked around $0.988 and $1.4975. 3. **Volume Profile**: - There is a significant amount of trading volume clustered around the $0.7051 level. - Another cluster of high volume is observed around the $1.4975 level. 4. **Support and Resistance Zones**: - The chart shows major support around the $0.25 level. - Major resistance levels are highlighted around $0.988, $1.4975, and further up towards the $5.90 region. 5. **Price Movement**: - The price has experienced significant fluctuations, reaching its peak around $5.90 before descending. - Recent price movements have been fluctuating around the $0.25 to $0.35 range.