Decentraland (MANAUSD) Experiences Trend Reversal

Price Analysis: MANAUSD Shows Signs of Trend Shift

MANAUSD has been in a sustained bearish trend since it peaked near the $0.86 level. The downtrend continued until price found support around the $0.19 zone.

MANAUSD Key Levels

Supply Zone: $0.580, 0.800
Demand Zone: $0.250, $0.220

A double bottom formation at $0.19 triggered a notable bullish reaction, suggesting the possibility of a short-term reversal. This move was supported by a strong push above the 50 EMA (Exponential Moving Average) on the 4-hour chart. Following the breakout above the 50 EMA, price rallied toward the $0.25 resistance zone, testing the boundaries of a new potential bullish phase.

Despite the bullish shift, caution is warranted. The market remains volatile, and without confirmation, trend reversals can easily become false signals. For bullish momentum to hold, price must successfully retest the 50 EMA on the 4-hour chart. A clean bounce from this level could provide an opportunity for break-and-retest traders to go long, targeting the $0.27 to $0.28 short-term resistance zone. However, if price breaks back below the EMA, the bullish setup may fail—potentially dragging MANAUSD beneath the $0.19 support once more.

Market Expectation

On the daily chart, price is approaching resistance zone around the $0.28 level. This aligns closely with the daily 50 EMA. If bulls manage to flip this level into support, it could pave the way for a push toward the $0.30 zone. Otherwise, a rejection at this area may reinforce the dominant bearish trend.

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