$MIRA /USDT BEARISH REVERSAL AFTER MASSIVE SPIKE – SELL PRESSURE BUILDING!
After a dramatic surge to $2.30, $MIRA/USDT has quickly retraced back near $1.07, showing a steep -19% daily loss. The large wick and heavy red candles signal profit-taking and a loss of bullish momentum. Unless strong buying steps in near $1.04 support, the pair is likely to continue sliding toward lower levels in the short term.
🔹Trade Setup:
Entry (Short): $1.07 – $1.09 zone
Targets (TP): $0.95 / $0.80
Stop Loss (SL): $1.20
🔹Market Outlook:
The current move looks like a post-pump correction with bears gaining control. A sustained break below $1.04 would confirm further downside, while only a strong bounce above $1.20 would hint at renewed bullishness. Caution advised for longs until price stabilizes.
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buy and trade here on $MIRA