📢 TRADING SIGNAL: $MINA / $USDT
🟢 Direction: LONG
📊 Confidence: 71.3%
📉 Technical analysis:
The technical structure indicates a consolidated uptrend in both HTF and LTF, supported by a confirmed double-bottom pattern. The price remains above the EMA20 at 0.0449 and the EMA50 at 0.0447, while the RSI at 61.39 shows buying strength and the ADX at 57.56 confirms a strong trend. Volume reflects sustained buying pressure near the immediate support at 0.0446, setting the stage for targeting resistance at 0.0455.
🎯 Trading levels:
🟢 Entry: $0.0446
🛑 Stop Loss: $0.0437
🏁 TP1: $0.0458
🏁 TP2: $0.0461
🏁 TP3: $0.0467
⚖️ Risk/Reward ratio: 1:1.33
⏱️ Timeframe: 1H
📐 Confluence: 5/5
The key level to watch is support at 0.0446, where the entry should be executed by taking advantage of buy-side absorption, bearing in mind that the main risk is a reversal if the price breaks below that support.
#crypto #MINA #trading
🟢 Direction: LONG
📊 Confidence: 71.3%
📉 Technical analysis:
The technical structure indicates a consolidated uptrend in both HTF and LTF, supported by a confirmed double-bottom pattern. The price remains above the EMA20 at 0.0449 and the EMA50 at 0.0447, while the RSI at 61.39 shows buying strength and the ADX at 57.56 confirms a strong trend. Volume reflects sustained buying pressure near the immediate support at 0.0446, setting the stage for targeting resistance at 0.0455.
🎯 Trading levels:
🟢 Entry: $0.0446
🛑 Stop Loss: $0.0437
🏁 TP1: $0.0458
🏁 TP2: $0.0461
🏁 TP3: $0.0467
⚖️ Risk/Reward ratio: 1:1.33
⏱️ Timeframe: 1H
📐 Confluence: 5/5
The key level to watch is support at 0.0446, where the entry should be executed by taking advantage of buy-side absorption, bearing in mind that the main risk is a reversal if the price breaks below that support.
#crypto #MINA #trading