MANA/USDT has rallied 26% following a breakout above a multi-month descending trendline, confirming a bullish market structure. The price has established higher highs and lows, with former resistance at $0.135–$0.140 now acting as support. This shift indicates renewed capital inflows and positive sentiment, as market capitalization recovers to the $290–$300 million range. The trendline break, occurring at the end of December, marked a transition from controlled distribution to buyer commitment, with prices holding above the breakout level. The reclaimed support zone has reinforced the bullish outlook, with shallow pullbacks and expanding bullish candles suggesting sustained demand. Market capitalization growth, supported by increased volume, underscores the legitimacy of the move, with capital rotation driving the recovery rather than short covering.
MANA/USDT Surges 26% as Bullish Trendline Break Signals Market Shift
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