MANA has been trading alongside a very precarious support line for around two months. However, said support line was broken on last Friday's sell-off.
This means that, for now, the bulls have lost the upper hand and the bears are in control. In my view, it's highly likely that we're going to see new lows coming, think $0.6
We're either going to re-test the previous support as resistance, or we will grind downwards from here.
This means that, for now, the bulls have lost the upper hand and the bears are in control. In my view, it's highly likely that we're going to see new lows coming, think $0.6
We're either going to re-test the previous support as resistance, or we will grind downwards from here.
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