Technical analysis by Stoic-Trader about Symbol MANA: Sell recommendation (8/21/2025)

MANA remains in a downtrend, with no clear signs of reversal yet. Further downside is expected, targeting a retest of 0.2626 before a possible higher high above 0.3062. No bullish RSI divergence appeared on the August low, reducing the chances of an immediate recovery. Bearish RSI divergence was present on the August high, reinforcing the bearish outlook. A potential 100% extension points to 0.2587 as a strong downside projection level.