MANA’s Endless Suffering: Will the 0.618 Fib Save It? 🕊️

MANA, that poor, beleaguered soul, continues to languish within the iron bars of its own making. After being cast down from the lofty heights of the value area, it now trembles at the threshold of the 0.618 Fib confluence, a zone that may offer salvation—or further despair. 🧠💰

Sonic Token, that intrepid wanderer, tests the fickle embrace of the Point of Control and 0.618 Fibonacci. A daily close above this level is as vital as breath to a drowning man.
If support holds, a swing high of $0.42 looms like a mirage in the desert. But should it falter, a deeper correction awaits, as inevitable as the setting sun. ☀️
The market, that capricious tyrant, has held MANA in its grip between $0.19 and $0.38 for ages, a rotational purgatory where hope is a fleeting guest. 🕳️

Decentraland, once a beacon of promise, now drifts like a ship without a rudder, its course dictated by the whims of unseen forces. The rejection from the value area high was a cruel joke, a reminder that even the most ardent buyers are not ready to breach the walls of resistance. 🛡️

The 0.618 Fib, that enigmatic guardian, stands as the last hope for a bounce back. Yet, its power is a gamble, for the market’s fickle nature has turned even the most sacred zones into traps for the unwary. 🎲

Key technical points:

Rejection from Value Area High: MANA, like a beggar, was cast out from the gates of $0.38. 🙏
POC Lost: The point of control, that fragile bastion, has fallen. Weakness lingers like a shadow. 🌑
Confluence Support Zone Ahead: The 0.618 Fib and midrange zone—our last chance for salvation, or a cruel illusion. 🧨

The rejection from the top of the range is a bitter pill to swallow, a testament to the buyers’ reluctance to rise. Now, the market seeks equilibrium, a fleeting peace in a world of chaos. The 0.618 Fib, that ancient oracle, has seen both resistance and support in its long, weary history. 📜

Should MANA find strength in this zone and rally with the vigor of a lion, it may yet ascend to the $0.38 range high—a dream long deferred. But without the blessing of volume, this hope will crumble like sand. 🌊

If the 0.618 fails, the market’s next move will be a descent into the abyss, targeting the $0.19 range low. A descent that will prolong the sideways dance, a cruel joke played on the faithful. 🕳️

To escape this purgatory, MANA must break free with a surge of volume. Until then, it will remain a prisoner of its own making, a victim of false breakouts and hollow promises. Traders, like weary soldiers, must wait for the price to reveal its true intent. 🛡️

What to expect in the coming price action

MANA, that tormented soul, stands at the crossroads. A strong reaction may ignite a journey back to $0.38. But should support falter, the path leads to $0.19. Volume, that fickle judge, will decide the fate of this poor, beleaguered token. 🕊️

2025-07-25 20:23

Key technical points:

What to expect in the coming price action

Read More