Market Overview for Decentraland/Tether (MANAUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Wednesday, Jan 7, 2026 1:09 pm ET1min read
MANA
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Aime RobotAime Summary

- MANAUSDT traded between 0.1413 support and 0.1454 resistance, with a 0.1441 bullish engulfing pattern suggesting potential reversal.

- Early ET volume confirmed a sharp dip below 0.1430, but failed to sustain upward momentum despite increased turnover.

- RSI indicated moderate oversold conditions (35-45 range), while MACD showed bearish divergence during the session's latter half.

- Bollinger Bands narrowed before a midline break, signaling rising volatility as price remained above the upper band.

- Fibonacci analysis highlighted 0.1442 (61.8% retracement) as a key pivot, with potential moves toward 0.1468 or accelerated decline below 0.1413.

Summary
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MANAUSDT
traded in a narrow range, with key support at 0.1413 and resistance at 0.1454 on the 5-minute chart.
• Volume surged during the early ET session, confirming a sharp dip in price but failed to sustain upward momentum.
• RSI suggests moderate oversold conditions, while MACD shows a bearish divergence with price.
• Bollinger Bands narrowed before a break above the midline, indicating potential for a directional move.
• A bullish engulfing pattern emerged near 0.1441, hinting at a possible short-term reversal.

The Decentraland/Tether pair (MANAUSDT) opened at 0.1427 on 2026-01-06 at 12:00 ET, reached a high of 0.1475, a low of 0.1392, and closed at 0.1445 on 2026-01-07 at 12:00 ET. Total volume for the 24-hour window was 10,689,562.0 and turnover amounted to 1,482,139.41 USDT.

Structure & Key Levels


Price action shows a consolidation pattern between key support at 0.1413 and resistance at 0.1454. A bearish breakdown occurred below 0.1430 in the early ET hours but stalled near 0.1413. A bullish engulfing candle formed near 0.1441, suggesting a potential short-term reversal, though confirmation is pending.

Moving Averages and Momentum


The 20- and 50-period moving averages on the 5-minute chart crossed into bearish territory during the price dip. On the daily chart, the 50-period MA appears to act as a dynamic support. RSI is in the 35–45 range, suggesting moderate oversold conditions. MACD shows a bearish divergence with price in the latter half of the session.

Bollinger Bands and Volatility

Bollinger Bands contracted between 2026-01-07 04:00 and 05:00 ET, followed by a sharp break above the midline. Price has remained within the upper band since, indicating rising volatility. The narrow consolidation phase has ended, and the market appears poised for a directional move.

Volume and Turnover


Volume spiked during the 18:00–19:00 ET timeframe with a large bearish candle forming at 0.1395. Despite strong volume, price failed to break above 0.1454. Turnover has remained steady, with no significant divergence from price. The most recent rally was supported by increased volume and turnover, suggesting stronger conviction from traders.

Fibonacci Retracements

Applying Fibonacci levels to the recent swing from 0.1392 to 0.1475, price appears to have stalled near the 61.8% retracement level at 0.1442. This may act as a key pivot point for the next 24 hours. A break above 0.1454 would suggest a potential move toward 0.1468, while a breakdown below 0.1413 could accelerate the downtrend.

The market may test 0.1454 as a key resistance in the next 24 hours, with potential for a countertrend rally if buyers step in near 0.1441. Investors should remain cautious of a renewed bearish bias if the 0.1430 level fails to hold.