MANA +83.28% in 24 Hours Amid Strong Short-Term Gains

On SEP 3 2025, MANA rose by 83.28% within 24 hours to reach $0.2737, MANA rose by 692.33% within 7 days, rose by 517.72% within 1 month, and dropped by 3518.2% within 1 year.

The recent surge in MANA prices has drawn attention as a sharp upward reversal following a prolonged bearish trend. The 7-day cumulative gain of 692.33% underscores a dramatic turnaround in investor sentiment, particularly in the last few days. This follows a long period of decline, where the 1-year price drop of 3,518.2% indicates the token was significantly undervalued. The 24-hour increase of 83.28% suggests strong liquidity and buying pressure, with the 1-month gain of 517.72% reinforcing the broader positive momentum.

Technical indicators have also aligned with the recent price action. MANA is currently trading well above its 50-day and 200-day moving averages, signaling a shift toward a bullish trend. On-chain data reflects increased activity and reduced sell pressure, while volume metrics show a consistent rise in transaction frequency. These indicators suggest that the recent rally may be supported by both market and fundamental factors, although the long-term sustainability of the trend remains to be seen.

Backtest Hypothesis

A potential strategy to capture the recent momentum in MANA involves using a breakout system based on key moving average crossovers and volume spikes. The approach assumes that price retests of major support levels can act as triggers for aggressive accumulation. When combined with a trailing stop-loss mechanism tied to a 10% drawdown threshold, the system aims to lock in gains while minimizing exposure during pullbacks. Historical data from prior bullish cycles suggest this method could have yielded positive returns in similar market conditions. However, due to the highly volatile nature of MANA, any implementation would require close monitoring and risk management protocols.