Like the majority of crypto, MANA has seen some consolidation over the last 2 days. However, there's still more downside risk for this token.
The lower support is still 20%-30% away, so I'd be patient for MANA. BTC is still in a longer-term bearish trend, so no rush to step in the market.
Might very well be the case that MANA will not reach the yellow marked area on the chart in case we bounce from here, just pointing out an important area where we can expect some kind of bounce.
Happy trading!
The lower support is still 20%-30% away, so I'd be patient for MANA. BTC is still in a longer-term bearish trend, so no rush to step in the market.
Might very well be the case that MANA will not reach the yellow marked area on the chart in case we bounce from here, just pointing out an important area where we can expect some kind of bounce.
Happy trading!
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