$MINA
/USDT:Bull Run Outlook 💥 💯
Technical Snapshot:
Current Price: 0.6572 (up 0.67% in 24h, slight increase of +0.55% in the 30-minute chart)
24h High: 0.6692
24h Low: 0.6434
Volume: 11.16M MINA, 7.31M USDT
Trend: Neutral with slight bullish momentum.
Support & Resistance:
Support: 0.6434 (24h low), 0.6350 (psychological support)
Resistance: 0.6692 (24h high), 0.6750 (next resistance level)
Trade Strategy:
1. Bullish Entry:
Trigger: If the price breaks above 0.6692
Targets: 🎯0.6750 | 🎯0.6800 | 🎯0.6850
Stop Loss: 0.6350 (below immediate support)
2. Bearish Entry:
Trigger: If the price falls below 0.6434
Targets: 🎯0.6350 | 🎯0.6250 | 🎯0.6150
Stop Loss: 0.6750 (above resistance)
Indicators to Watch:
RSI: Look for overbought conditions as the price nears 0.6692 or 0.6750. A potential reversal could occur if RSI is too high.
MACD: Watch for a bullish crossover near support levels for confirmation of upward movement.
Volume: Higher volume during a break of 0.6692 will support upward momentum.
Conclusion:
Bullish Outlook: A break above 0.6692 could push MINA towards 0.6750 and higher.
Bearish Outlook: A drop below 0.6434 could signal a retracement towards lower levels.
Watch for confirmation at key levels for a better entry!