šØ MIRA/USDT PRICE UPDATE šØ
$MIRA is facing heavy selling pressure, currently trading at 1.1963 USDT (-16.34%). The pair hit a 24H high of 1.5675 before sliding down to its 24H low of 1.1672, showing strong volatility in the market.
š The chart indicates continuous bearish momentum with candles breaking below support zones. Moving averages MA(7) at 1.2781 and MA(25) at 1.3899 are both above the current price, highlighting downward pressure.
š Key Levels to Watch
Support Zone: 1.1600 ā 1.1700
Immediate Resistance: 1.2500
Major Resistance: 1.3800
ā” Market Outlook
If $MIRA holds above 1.1700, a rebound attempt towards 1.2500 is possible. But failure to defend support may trigger a deeper dip. Traders should watch closely for volume confirmation before taking positions.
š Always trade with proper risk management. DYOR.