💎 MANA has recently witnessed significant developments in the market. Currently, MANA appears to be on a downward trajectory, heading towards the demand area. There is potential for a significant bounce once it reaches the demand area.
💎 However, if MANA aims to reverse its course and move upward without retesting the demand area, it faces a challenging task, as it would need to break the existing pattern.
💎 The target for an upward movement could be the strong resistance area, but achieving this probability would require a breakout to reach our goal at the Bearish OB.
💎 On the other hand, if MANA retraces to the demand area during a retesting phase and fails to sustain itself there, resulting in a breakdown of the demand zone, this would be a bearish signal. It could trigger a continued downward movement, potentially returning to the strong support area.