Technical analysis by fsallnet about Symbol MANA: Buy recommendation (11/26/2024)
https://sahmeto.com/message/3003828
fsallnet
Rank: 26719
Analytical Power:
0.6

Since 2022, MANA has been consolidating between the $0.27 and $0.80 range. Now, it’s making a sharp move toward the critical $0.80 resistance level. This indicates continued confidence in the project and a strong belief in the future of the metaverse.Technical Outlook:With BTC holding steady at $90,000, the MANA/BTC pair is signaling a potential recovery from its lows.A weekly candle closing above $0.80, followed by consolidation above $1.12, could confirm the continuation of an upward trend.Targets:TP1: $1.60TP2: $2.20Taking profits may be premature at this stage. The bullish momentum should be closely monitored!
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Signal Type: Buy
Time Frame:
1 weekPrice at Publish Time:
$0.63037