#overview #Mina #MINAUSDT
Is $MINA preparing for a new rally?
I believe that after the weekend it is possible to start accumulating MINA
on the spot after the completion of the bearish correction, based on the analysis of the volume profile. On the 30-minute timeframe, the 0.7530 level acts as a reliable support. My target price for MINA growth until February is 1.0160. On the hourly timeframe
, this assumption is based on the confirmation of the 0.7530 level as support for the Anchored volume profile, which I use in my trading.
However, it is necessary to consider an alternative scenario: If the price of MINA falls below the level of 0.5827 on the daily chart, then there is a high probability of updating local lows and further price reduction. This may signal that the bulls are not ready to take control of the market yet and the trend will continue its downward movement
Important: This analysis is for informational purposes only and is not a trade recommendation.
Sincerely, Financial Trader titan was with you
