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MINA continues in a downtrend in the 4-hour time frame.

The low peak that made the last bottom is at 0.5315$ .

The confirmation that it has passed into a bullish structure in the 4-hour time frame is realized with the 4-hour candle closing above this price.

The price made a mitigation movement and formed the AB = CD formation. The price turned back from the fib level of 0.618, which is the target of this formation. RSI gave positive divergence before the last rise of the price. With the break of 0.5315$ , it may be considered appropriate to look at the pullbacks in the direction of buying.

Our analyzes are not investment advice. These are our personal opinions.