Rhaonnor

Mana at strong long-term resistance

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KRAKEN:MANAUSD   Decentraland
Mana pumped last week 45% finding resistance at $1.08.

It seems quite difficult for Mana to succeed a valid breakout on this level, plus the next crucial resistance is 65% above the current price.

A fakeout is likely though and an excellent opportunity for shorts too.

The most possible scenario is a return to $0.75 and then down to $0.60.
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