$MINA
/USDT Technical Analysis & Trade Signal šÆ
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 levelāprice 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 šÆ:
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.