MANA/USDT confirmed a trend reversal after breaking a multi-month descending trendline. Former resistance near 0.135–0.140 has flipped into support on higher timeframes. Market capitalization recovery signals renewed capital inflows and positive short-term sentiment.
MANA/USDT price has recorded a 26% advance, supported by a confirmed structure shift and sustained buyer strength. Technical behavior suggests continuation, with momentum aligning across price and market capitalization trends.
Trendline Break Signals Structural Shift
MANA/USDT spent several weeks under a descending trendline that guided consistent lower highs through December, reflecting controlled distribution instead of panic-driven exits.
The transition occurred when price broke above that trendline near the end of December. The breakout held without, signaling acceptance at higher levels and growing buyer commitment.
Following the break, MANA/USDT prices established higher highs and higher lows. This sequence confirmed a bullish market structure, often associated with early-stage trend continuation.
The trendline break was a confirmation event that emphasized the lack of aggressive selling after the breakout as a constructive technical signal.
Support Reclaim Strengthens Continuation Bias
After the trendline break, MANA/USDT price reclaimed the 0.135 -- 0.140, an area that previously acted as resistance during the prior downtrend phase.
Price holding above this range has reinforced it as support, providing a clear technical level for managing downside risk. Pullbacks into this zone have remained shallow and controlled.
Bullish candles have expanded in size, a behavior that reflects sustained demand rather than short-term speculative spikes.
Social media commentary during the consolidation phase pointed to the absence of long upper wicks. Observers noted this as evidence of limited distribution near current levels.
Projected price ranges on trader charts indicate interest toward the 0.165–0.170 region. That zone aligns with earlier consolidation areas and visible liquidity clusters.
Market Capitalization Confirms Capital Rotation
MANA’s market capitalization mirrors the constructive price structure observed during the past week. Early declines toward the 255–260 million range reflected cautious positioning and weak participation.
The reversal around January 13 marked a shift in behavior. Market capitalization expanded rapidly, signaling active inflows rather than passive price drift.
This expansion carried valuation back toward the 290–300 million zone, an area associated with previous distribution phases. Despite a brief pullback, higher lows remain intact.
Volume increased alongside the market cap recovery, supporting the legitimacy of the move. Participation appeared broad rather than driven by thin liquidity conditions.
Commentary shared on trading feeds described the recovery slope as decisive. Posts emphasized that capital rotation, not short covering, drove the rebound.
As long as market capitalization remains above the 275 million support area, structure favors stability. This alignment between price and valuation supports the current trend framework.
MANA/USDT price continues to trade within a technically supported recovery phase. Structure, momentum, and capital flows remain aligned, while clearly defined support levels frame ongoing market behavior.