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Technical analysis by CryptoNuclear about Symbol MANA: Buy recommendation (6/30/2025)

https://sahmeto.com/message/3606469
CryptoNuclear
CryptoNuclear
Rank: 28039
1.4
Buy،Technical،CryptoNuclear

🔶 Strong Support Zone (Demand Zone):MANA/USDT is currently testing a major weekly support area between $0.20 – $0.30, a zone that has historically acted as a strong demand level since 2021. Price has bounced off this region multiple times, indicating strong buyer interest and potential for a bullish reversal.🔶 Chart Pattern:There is no classic pattern like a double bottom or head & shoulders, but price structure shows signs of horizontal accumulation, which resembles a Wyckoff re-accumulation phase—a typical base formation before a strong upside breakout.🚀 Bullish Scenario:If the price holds above the $0.25 support and forms a higher low, a bullish continuation is likely. The following resistance levels could serve as potential upside targets:1. $0.3610 – Initial resistance and confirmation level.2. $0.5475 – Intermediate psychological level.3. $0.8109 – Former supply zone.4. $1.0661 – Major resistance from 2022.5. $2.7291 – $5.0666 – Long-term targets if macro bull trend resumes.> Bullish Confirmation: A strong weekly candle close above $0.36 with high volume could spark a major rally.🔻 Bearish Scenario:If price breaks down below $0.25 and closes below it on the weekly timeframe, it would invalidate the bullish structure and may trigger further downside towards:$0.13 – $0.07, the historical lows seen in early 2021.> Bearish Confirmation: A weekly close below $0.25 with increasing volume would suggest sellers are back in control.🧠 Conclusion:MANA/USDT is at a pivotal point within a long-standing support zone. Holding this level could result in a strong upward move, but a breakdown would indicate further bearish pressure. Traders should watch this zone closely for confirmation in either direction.#MANAUSDT #Decentraland #CryptoTrading #TechnicalAnalysis #AltcoinAnalysis #BullishSetup #SupportZone #TradingView #MetaverseCrypto #CryptoBreakout

Translated from: English
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Signal Type: Buy
Time Frame:
1 week
Price at Publish Time:
$0.25387
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