Decentraland Mana (MANA / USD) fell more than 20% on Saturday after a large market selloff was observed. Mana caught the attention of many investors due to its recent rally, many investors who had missed the rally were looking for opportunities to enter Mana. After a piece of land in Mana was sold for nearly $1 million, many people began to realize the potential of the Metaverse currency. Mana has seen strong demand recently, as over $100 million was sold on metaverse land last week.

Mana is down more than 40% from last month's highs, and investors are now looking to buy Mana in hopes of another high soon. Mana is now trading in a crucial zone which could be a hit or break zone. You must buy diving in Mana.

  • Mana has fallen dramatically in recent days and is now 40% below its all-time high.

  • The decline may be a price pullback after the recent rise in the price of Mana, so it may be a great time for investors to buy Mana.

  • Mana has a strong support level at $3.09 which broke as of today, however buyers seized the opportunity to buy Mana at the discounted price and pushed the price back to support.

  • Mana also appears to be getting support from the 50-day moving average, which could be an indication of bullishness.

  • Traders should be cautious and enter only when a clear reversal is seen, as Mana could still break from the support level.

  • If a reversal is observed, Mana could hit some huge targets like $4.3, $5.3 and even a new all-time high in the coming months. However, traders should set a stop loss below the zone.

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