MANAUSDT Analysis May 15, 2022

We turned Bullish on Decentraland, MANA. The two BUY signals fired on Saturday evening and MANA is looking mighty fine after an Open/Close above both the ($0.70) Support and the Daily Downtrend. We can see over 100% and possibly 300% profit from this Support Line. Our next Resistance Level is at ($1.50) and then not again until ($2.85). We'd like to see a UMAC (Cross) signal too.

It looks like we found a very strong support area around ($0.70). If we look back to the October/November range in 2021, we held this support level for over a month, and then look what happened...Not Financial Advice...Trade with Confidence and Control.