Technical analysis by MarketIntel about Symbol MANA on 5/15/2025

Following the renewed rise last week, we continue to locate the MANA coin at the beginning of the magenta wave . This movement should have the medium- to short-term potential to extend above the resistance levels at $0.59 and $0.85 before a countermovement should pick up again with wave [ii]. Nevertheless, there is a 33% chance for our alternative scenario: if weakness emerges in the near future, a new low of the green wave alt.[2] might be reached. Ultimately, however, this would only imply a slight delay.