#MANA🔥🔥🔥

OBSERVATIONS:
1. Price Action:
The price has surged to $0.4267, a +6.92% increase, indicating bullish momentum.
The price is near the 24-hour high ($0.4269), suggesting strong upward momentum.
2. Moving Averages (MAs):
MA(5), MA(10), and MA(60) show clear divergence, indicating an uptrend.
The price is trading above all key moving averages, a bullish signal.
3. MACD:
The MACD line (yellow) is above the signal line (pink), confirming bullish momentum.
A recent bullish crossover supports upward price action.
4. Volume:
High recent trading volume indicates strong buying interest, which supports the uptrend.
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Strategy for Big Profit Trade:
Plan A: Long Entry (Bullish)
Entry Point: Enter at the current price ($0.4267) or during a slight retracement near $0.4200.
Take Profit (TP):
Short-Term: $0.4500 (psychological level).
Mid-Term: $0.4650 (resistance).
Stop Loss (SL): $0.4100 (below the MA(10)).
Risk/Reward: Ensure SL to TP gives at least a 1:2 ratio.
Plan B: Wait for Breakout
If the price consolidates near $0.4269, wait for a breakout above $0.4300 with strong volume.
Entry: After breakout confirmation.
TP: $0.4600.
SL: $0.4150 (below support).
Plan C: Short Entry (Bearish Reversal)
If the price fails to sustain above $0.4200 and breaks below $0.4100 with high selling volume:
Entry: $0.4100.
TP: $0.3900 (next support).
SL: $0.4250.
Plan D: Sideways Market
If no clear trend forms, use grid trading or set limit orders for range-bound movement between $0.4100 and $0.4300.
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Key Indicators to Monitor:
MACD Divergence: Watch for bearish divergence to signal trend reversal.
Volume: Ensure strong volume supports any upward or downward move.
Support/Resistance: Closely monitor $0.4200 (support) and $0.4300 (resistance).
Would you like further analysis on any specific indicators or timeframes?
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Thanks 😊
$MANA