Decentraland (MANA/USDT) Breaks Structure and Continues Bearish Trend

MANA/USDT Price Analysis: MANA/USDT Returns to Bearish Trend After Liquidity Sweep and Order Block Rejection

MANA/USDT remains under strong bearish pressure after sweeping liquidity above the Order Block (OB) zone around the $0.1740 level. Price tapped into the OB near $0.1900, which pushed the market into a Break of Structure (BOS) at the $0.1160 level.

MANA/USDT Key Levels

Support Levels: $0.1160, $0.1080, $0.0980
Resistance Levels: $0.1500, $0.1700, $0.1900

On the daily timeframe, price is in a corrective/pullback phase after the bearish expansion. The most likely outcome is for the market to retrace back to the only valid Order Block around the $0.1500 level before continuing its bearish move. The Stochastic Relative Strength Index (Stoch RSI) is hovering near the oversold region around the $0.1160 support level. Any upside movement is likely corrective unless price reclaims higher structure levels.

The Bollinger Bands show price trading close to the lower band, signaling that bears have dominated from October to January. Bulls made an attempt to push price higher, but that move was rejected by the two Order Block zones.

Market Expectation

On the 4-hour timeframe, the recent pullback lacks strong bullish volume, signaling that buyers are still weak. The Fibonacci retracement aligns with rejection near the 0.618 zone, further strengthening the bearish bias. As long as price remains below the Order Block and trendline resistance, the market is likely to continue its downward expansion.

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