Technical indicators signal a Bearish Flag forming. Verify the setup on the chart.
Bearish continuation if preceding move was down.
Indecision. Widening then narrowing range.
Traders are watching Decentraland (MANA) as price action tightens. Price has moved to $0.09 (0.79%) amidst recent volatility. Price action has carved out a classic Diamond. Volume is average (0.69x avg) with moderate trend strength (8.7). A potential breakout level is identified at $0.09, targeting $0.07 with support near $0.09 (R:R 2.0).
What is your outlook on MANA?