Decentraland price has staged a strong bullish reaction from support at the value area low, reclaiming its point of control. With accumulation phases maturing, price action suggests continuation toward higher resistance levels.

Decentraland (MANA) price has bounced strongly from a technical confluence zone where the value area low intersected with a bullish order block. This move has carried price above the point of control, signaling demand strength. Early accumulation with rising odds of a rebound toward was present, and as long as this continues, MANA is primed for a rally toward $0.30 and potentially $0.38 in the short to mid-term.

Decentraland price key technical points

• Critical Support: Bullish order block confluence with value area low provided strong structural base.
• Market Structure: Consecutive higher highs and higher lows reinforce bullish continuation.
• Upside Targets: Resistance at $0.30, with $0.38 as the next high-time-frame target.

MANA’s rebound from the value area low highlights the strength of this zone as a foundation for bullish continuation. This confluence with a bullish order block created a clear demand area, and the subsequent reclaim of the point of control confirmed buyers’ dominance. Holding above this level now sets the stage for acceleration toward the next resistance levels.

From a structural standpoint, MANA remains firmly bullish. The chart shows a series of higher

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Author: Aziz Zamani