#MINA/USDT
š General Evaluation:
- The trend appears negative.
- The last high is at 1.0499 and the last low is at 0.3284.
- The balance level is determined as 0.6891.
š Technical Indicators:
- MACD, Stochastic, Vortex, Momentum, RSI, PSAR, DMI and MFI indicators give bearish signals.
- The Fisher indicator is bullish.
š Critical Levels:
- Resistance levels: 0.6739, 0.6937
- Support levels: 0.6496, 0.5065, 0.4431
- Bearish FVG zones: 0.6739, 0.6937
- Bullish FVG zone: 0.5065
š Trading Ideas:
- If the price falls below the 0.6496 support, a move towards the 0.5065 level can be expected.
- If a breakout and confirmation above the 0.6739 resistance is received, an upward movement may begin.
- To enter the transaction, it is important to wait for the price to show a reversal sign at the levels I have indicated.
- The general outlook is bearish, so short positions may be more advantageous.
- A breakout below the 0.6496 level may present a suitable opportunity for a short position.
- Don't forget to set the stop-loss level at a critical level such as swing high.
