MANA Technical Analysis Jan 28

MANA is currently at the $0.14 level, positioned close to critical supports in the short-term downtrend. $0.1308 shows strong confluence as the primary buying zone.

Current Price Position and Critical Levels

MANA is trading sideways at the $0.14 level, experiencing a 2.52% drop in the last 24 hours. In the broader market structure, a downtrend dominates; price remains below EMA20 ($0.15) with RSI at 43.13 in the neutral-bearish zone. The Supertrend indicator is giving a bearish signal and pointing to $0.18 resistance. Multi-timeframe (MTF) analysis identified 11 strong levels: 2 supports/2 resistances on 1D, 2 supports/1 resistance on 3D, and 3 supports/3 resistances confluence on 1W. These levels are supported by order blocks, liquidity pools, and historical tests. Price is under downward pressure without testing $0.1439 resistance; a breakdown could quickly reach $0.1308.

Support Levels: Buyer Pools

Primary Support

$0.1308 (Strength Score: 70/100) – This level stands out as a strong demand zone on 1D and 3D timeframes. Why is it important? After the sharp drop in October 2025, an aggressive buying order block formed here; price tested it twice and bounced 15%. Volume profile is high: trading volume in that area is 2.5 times the average, a liquidity pool where institutional buyers accumulated. MTF confluence: intersects with 1W EMA50, Fibonacci 0.618 retracement level. Rejection evidence: Long wicks were seen on the last test, sellers exhausted. If this level breaks, short-term bearish momentum accelerates.

Secondary Support and Stop Levels

$0.1145 (Strength Score: 69/100) – Secondary support functions as a breaker block on the 1W timeframe. Historical context: Major accumulation zone before the 2024 Q4 rally; tested three times, each providing 20%+ recovery. Confluence factors: 3D Supertrend support and volume cluster (volume spikes). Alignment with EMA200 (around $0.115). Invalidation: Close below $0.1145 confirms downtrend and activates $0.0293 downside target (long-term bearish target). Stop-loss suggestion (not strategy): Below $0.1130 for long positions.

Resistance Levels: Seller Pools

Near-Term Resistances

$0.1439 (Strength Score: 72/100) – Closest resistance, just 3% above current price. Why critical? 1D supply zone: Sellers entered when price approached here in the last two weeks, forming short wick rejections. Volume confirmation: High distribution volume, ideal for liquidity grabs. Confluence: Near EMA20 ($0.15), 1W Fibonacci 0.382. Upside breakout: Opens path to $0.1612, but may remain weak under bearish Supertrend.

Main Resistance and Targets

$0.1612 (Strength Score: 61/100) – Main resistance cluster, supported by order block on 3D and 1W. Historical tests: Capped the December 2025 rally here, triggering a 10% pullback. Confluence: High volume node and psychological $0.16 level. Must break here to reach upside target $0.2333; R/R ratio around 1:3 (calculated from current support). Downside invalidation: $0.1308 breakdown cancels entire bullish scenario.

Liquidity Map and Big Players

Big players (smart money) may be accumulating long positions at $0.1308-$0.1145 supports; this is a stop-hunt liquidity pool (retail short stops). Above, $0.1439-$0.1612 is short sellers’ liquidity accumulation zone. Price action: Low-volume range creating imbalance, preparing for liquidity sweep. Whales are positioning at 1W levels; expect volume spike on $0.1308 test. Downside liquidity below $0.1145, upside at $0.2333 target.

Bitcoin Correlation

BTC is in a downtrend at $90,000 despite 1.88% daily gain, with Supertrend bearish. MANA shows 0.85 correlation with BTC; if BTC loses $89,161 support (main support), liquidity cascade triggers in altcoins, sending MANA to $0.1308/$0.1145. If BTC resistances $91,154-$92,961 break, MANA could test $0.1439 on short-covering. Rising BTC dominance cautions alts: Bearish bias strengthens for MANA. Watch: BTC breakdown at $86,075 is major risk.

Trading Plan and Level-Based Strategy

Level-based outlook: Above $0.1439 bullish (targets $0.1612-$0.2333), below $0.1308 bearish ($0.1145-$0.0293). Near-term: Expect bounce at $0.1308, short on rejection. Prioritize MTF confluence: 1W levels for major swings. Risk management: Position size at 1-2% risk, stops outside levels. For spot, check MANA Spot Analysis; for leveraged, MANA Futures Analysis. This outlook is price action based; market is volatile.