Market Update: $MIRA 📊
Suggested Direction: Short
Entry: 0.08198-0.08293
Stop Loss Reference: 0.08539
Target Prices: 0.08125/0.08019/0.07861
Analysis: Damn, MIRA has me confused this time. The EMA lines are glued at 0.08 and crossing down, MACD is showing a death cross, and RSI is just at 32.1 still playing dead. It's a clear bearish setup! Just the other day I was dreaming it could bounce back to 0.09, but today it crashed straight down to 0.0823. The stop loss at 0.085390 has my eyes straining, and every time it tries to push to 0.084, it just gets smashed back down. It's like slicing meat with a dull knife, right? Now, at this level, if you say to buy the dip, the MACD green bars are still expanding. If you say to chase the short, I'm worried about a spike reversal. Anyway, I've decided to just chill, set my position with a stop loss and let it grind. If it breaks 0.08, then I'll think about adding to my position, but until then, I'm just watching the big players put on a show. It’s exhausting; I could just slap my thigh in frustration!
Tip: Suggested stop loss at 0.085390, please adjust your position according to your risk preference.
#MIRA
Suggested Direction: Short
Entry: 0.08198-0.08293
Stop Loss Reference: 0.08539
Target Prices: 0.08125/0.08019/0.07861
Analysis: Damn, MIRA has me confused this time. The EMA lines are glued at 0.08 and crossing down, MACD is showing a death cross, and RSI is just at 32.1 still playing dead. It's a clear bearish setup! Just the other day I was dreaming it could bounce back to 0.09, but today it crashed straight down to 0.0823. The stop loss at 0.085390 has my eyes straining, and every time it tries to push to 0.084, it just gets smashed back down. It's like slicing meat with a dull knife, right? Now, at this level, if you say to buy the dip, the MACD green bars are still expanding. If you say to chase the short, I'm worried about a spike reversal. Anyway, I've decided to just chill, set my position with a stop loss and let it grind. If it breaks 0.08, then I'll think about adding to my position, but until then, I'm just watching the big players put on a show. It’s exhausting; I could just slap my thigh in frustration!
Tip: Suggested stop loss at 0.085390, please adjust your position according to your risk preference.
#MIRA