MANA has seen a tremendous move after META announced a big focus on the Metaverse.
After hitting the top around $4.95, META has seen a few weeks period of consolidation. However, since a week or so MANA is seeing new bullish impulses and has been trading in a bullish channel.
Currently, MANA is trading near the lower bound of the channel, so there's a decent probability that MANA will bounce and continue going up. In this case, I'm expecting MANA to reach the current ATH again, potentially moving past $5.
Happy trading!
After hitting the top around $4.95, META has seen a few weeks period of consolidation. However, since a week or so MANA is seeing new bullish impulses and has been trading in a bullish channel.
Currently, MANA is trading near the lower bound of the channel, so there's a decent probability that MANA will bounce and continue going up. In this case, I'm expecting MANA to reach the current ATH again, potentially moving past $5.
Happy trading!
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