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MANAUSDT trade ideas

MANA Decentraland is considered a security by the SECIf you haven`t sold MANA here: Then you should know that recently the U.S. Securities and Exchange Commission (SEC) classified Decentraland (MANA) as a security. This means that MANA, the native cryptocurrency of the Decentraland virtual reality platform, is now subject to securities regulations and requirements imposed by the SEC. The decision to categorize MANA as a security by the SEC signifies that it is considered an investment contract, representing ownership or participation in a particular project or platform. As a result, Decentraland and MANA will be subject to compliance with applicable securities laws, including registration, reporting, and other regulatory obligations. This classification by the SEC highlights the increasing scrutiny and regulation of cryptocurrencies, particularly those involved in projects that resemble traditional securities offerings. My short term price target is $0.35. Looking forward to read your opinion about it.
Short
by TopgOptions
MANAUSDT wants the breakout?MANAUSDT, has recently shown an interesting market behavior. The price has bounced from a demand zone, indicating a strong level of buying interest and support in the market. According to Plancton's rules, this bounce from the demand zone could suggest a potential bullish opportunity. Traders following Plancton's principles might consider waiting for a retracement of the price towards the neckline before considering a new long position. The neckline refers to a significant level of resistance that has been previously established and acted as a barrier for the price. By waiting for a retracement towards the neckline, traders can increase the probability of a successful long trade, as the price may find support at this level and potentially continue its upward movement. Once the price retraces towards the neckline and shows signs of support or a potential bullish reversal, traders following Plancton's rules may consider opening a new long position, anticipating a continuation of the upward trend. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <= 1h structure. Follow the Shrimp 🦐
by InkyGrip
Last call for $MANABINANCE:MANAUSDT.P lost it all. Even though trading at the bottom of the AltCoin KillZone ... ...there is some last major support right below. Losing that + start trading below (e.g. 1-2 weekly closes below), I am not too convinced it will make a new ATH in the next season. Being aware that this is closer to a gamble rather a well defined trade, I am willing to put some "gambling money" into SPOT +already started scaling into a trade since losing $0.45. Unless CRYPTOCAP:BTC is losing it completely, this has potential to become a MultiYear Swing from here. Invalidation is close and R2R decent. #DYOR #NFA
Long
by nl8