MANA/USDT –> Symmetrical Triangle Breakout

Hello guys!

MANA has been consolidating inside a large symmetrical triangle for months, and now it looks like the price is finally breaking out to the upside. This could be the beginning of a strong bullish leg.

• Key Points:
  

The breakout happened with solid momentum, confirming bulls are stepping back in.

The first resistance level is expected to be around $0.50–$0.52, which represents a roughly 50% increase from current levels.

If the price clears that zone, the measured move of the pattern points toward $0.60–$0.62, approximately 70% higher than the breakout.

• Bullish Scenario:

As long as the price stays above the breakout level (~$0.26–$0.24), the bias remains bullish. Buyers could look for continuation toward the targets mentioned.

💥 Invalidation:
A drop back inside the triangle below $0.24 would invalidate the breakout and put the bullish setup at risk.

• Conclusion:
  

MANA has finally broken out of its long consolidation. If momentum holds, there’s room for a 50–70% rally in the coming weeks.