🧬 $MINA /USDT – Calm After the Crash? Or a Quiet Setup? 🕵️♂️
Following a sharp drop from $0.2666 to a recent low of $0.1650, $MINA is now hovering at $0.1836. Price is stuck below major moving averages — 25MA ($0.1890) and 99MA ($0.2038) — as consolidation continues in a tight range.
📊 Chart Insights: • Sideways action following capitulation – possible accumulation
• MA(7) ($0.1833) flatlining – signaling low volatility
• Resistance zone begins at $0.1890 and tightens up to $0.2040
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📈 Range Trade Setup (For Sideways Traders):
• Entry: $0.1820 – $0.1845
• TP1: $0.1890
• TP2: $0.1945
• SL: $0.1770
🚀 Breakout Setup (Above MA99):
• Entry on breakout: $0.2045
• TP1: $0.2150
• TP2: $0.2270
• SL: $0.1940
🔎 Watch Closely: A breakout above $0.189 could bring a test of the 99MA — and possibly a bullish reversal if volume confirms.
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