$MINA

/USDT Technical Analysis & Trade Signal šŸŽÆ

Current Price: $0.8016

24h High: $0.8810

24h Low: $0.7907

MINA/USDT has been showing a bearish trend, dropping from the recent high of $0.8810. With the price nearing key support levels, a breakout or reversal could happen soon.

Key Levels:

Resistance: $0.8810 (Watch for a rejection here)

Support: $0.7907 (Critical levelā€”price might bounce here)

Indicators:

RSI: Close to oversold, signaling potential reversal.

Bollinger Bands: Price nearing the lower band, suggesting oversold conditions.

MACD: Look for a crossover for confirmation of the trend.

Target Levels šŸŽÆ:

1. Target 1: $0.7900 ā€“ Watch for a bounce.

2. Target 2: $0.7750 ā€“ Intermediate support.

3. Target 3: $0.7550 ā€“ Deeper retracement if trend continues.

Trade Signal:

Bearish Short: Target the downside if $0.7900 breaks.

Bullish Reversal: Watch for signs of recovery at key supports.

Stop-Loss: Above $0.8800 to minimize risk.

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