#miracoin #analysis $MIRA Visible Technical Analysis 1. Price Action and Trend: • The chart shows a significant downtrend has been in effect. The price dropped from a high near $1.5175 (or potentially $1.4999, the high shown near the start of the visible data) to a recent low around $1.1490. • The current price is at $1.1903. • The overall trend is clearly bearish (downward). 2. Exponential Moving Average (EMA): • The EMA(68) is at 1.3229 (the green line). • The current price ($1.1903) is significantly below the EMA(68). • This confirms the strong bearish trend, as the price is trading below a key longer-term moving average, which is typically acting as resistance. 3. Stochastic RSI (STOCHRSI) and M-STOCHRSI: • The STOCHRSI is at 98.4059. • The M-STOCHRSI is at 92.7772. • Both indicators are extremely high (above the typical overbought level of 80, and approaching the maximum of 100). • Interpretation: A very high STOCHRSI suggests the price has recently had a very strong upward movement relative to its recent range. This state is considered overbought. In a strong downtrend like the one seen, it can signal that the bounce/rally is due for exhaustion and a potential reversal back down to continue the main trend. Enjoy🤪
In a world where innovation sets the pace, Boundless is more than just a project—it’s a movement. ✨
Why Boundless? Designed for scalability, speed, and real-world adoption. Built on strong fundamentals with utility-driven vision. Empowering users, traders, and builders to go beyond traditional limits.
🔹 Opportunities Ahead • Staking & rewards for early supporters • Strategic partnerships in DeFi, NFTs, and GameFi 🎮 • A growing community that believes in limitless possibilities
💬 Why I’m excited: Boundless isn’t just another name—it’s a commitment to pushing past boundaries in blockchain. Early believers could be the biggest winners tomorrow.
⚡️ Join the conversation, follow Boundless updates, and let’s climb together. The future is Boundless. 🌐
Bearish Case (High Probability Short-Term): If $0.2250 breaks, expect further downside to $0.2150–$0.2200, exacerbated by low volume. Risk of 10-15% more drop if BTC/SOL dips. • Bullish Case: A close above $0.2350 could trigger a relief rally to $0.2450, especially on positive Solana news. Watch for increased green volume.
The price is near the lower end of the day’s range → showing bearish pressure.
⸻
2. EMA (68) • EMA(68): 4,472.81 • Current price (4,465.57) is below EMA(68) → short-term bearish trend. • Price tried to cross above EMA (around 4,484) but failed, showing resistance at that level.
⸻
3. Support & Resistance • Immediate Resistance: 4,484 – 4,485 (price rejected here multiple times). • Immediate Support: 4,433 (24h low). • If support breaks → next downside target could be around 4,400. • If resistance breaks → next upside target could be around 4,520.
⸻
4. Stoch RSI • Stoch RSI: %K = 66.89, %D = 54.27 • Both are moving upward but not yet in overbought (above 80). • This suggests a short-term upward bounce is possible before facing resistance.
⸻
5. Volume • 24h Volume: 2.33M (ETH) / 10.44B (USDT). • No major volume spikes → current move may lack strong momentum.
⸻
6. Sentiment Summary • Short-term: Slight bullish bounce possible (Stoch RSI climbing). • Medium-term: Bearish bias since price < EMA(68). • Levels to Watch: • Support: 4,433 → if broken, 4,400 is likely. • Resistance: 4,484 → if broken, price can move to 4,520+.
✅ Strategy: • Scalpers/Short-term traders: Possible quick long until 4,484 but with caution. • Swing traders: Trend still bearish unless price closes above 4,484–4,490 with volume. #BNBBreaks1000 #ETH🔥🔥🔥🔥🔥🔥
Bitcoin experienced its worst single-day performance since June, plummeting 3.3% to $103,556 as Israeli airstrikes on Iran triggered a massive crypto liquidation cascade that destroyed over $1.16 billion in leveraged positions within 24 hours. The selloff began in the early hours before, targeting what Prime Minister Benjamin Netanyahu described as the "heart" of Iran's nuclear program, including strikes on the Natanz enrichment facility and military infrastructure near Tehran and Tabriz. This unexpected geopolitical war affected global financial markets, with Bitcoin dropping from a 24-hour high of $108,500 as investors fled risk assets amid escalating Middle East tensions.Source: Cryptonews The liquidation data reveals the severity of the market panic, with long positions bearing the brunt of the damage at $1.16 billion compared to just $113.97 million in short liquidations. Source: Coinglass The cascading effect intensified throughout the day, starting with $20 million in liquidations within the first hour and exploding to nearly $1 billion over 12 hours as algorithmic trading systems and leveraged positions were quickly wiped out. Geopolitical Catalyst Exposes Crypto Market Leverage The Israeli strikes, which began around 3:30 AM local time in Tehran, revealed the cryptocurrency market's dangerous overleverage as what started as a geopolitical war quickly morphed into a technical breakdown. Netanyahu's announcement that the operation would continue "for as many days as it takes to remove the threat" created sustained uncertainty that prevented any meaningful recovery attempts throughout the trading session. However, if the war escalates, the cryptocurrency as we know it has always served as digital gold during global uncertainty. The speed and magnitude of the decline, amplified by algorithmic trading systems treating crypto as a risk-off asset, quickly shifted sentiment in an already overleveraged market. Iran's immediate counterattack, launching approximately 100 drones toward Israel while declaring a state of emergency. #ETH
#INJ 📉 Bearish Signs • RSI Trend: The Parabolic RSI is showing a downward move (blue dots), suggesting weakening momentum. • Price Structure: Lower highs are forming after a breakout attempt, indicating a possible reversal or consolidation. • Candle Clustering: Price is hovering just above $12.88 with lower buying strength — rejection at the $12.97 zone.
📈 Bullish Signs • Price above breakout zone: Still holding above the recent breakout area. • Volume (not shown but inferred): Decent move up earlier indicates recent buying interest.
⸻
🔮 Conclusion
Short-term bias: #Downtrend or #Consolidation • Momentum is slowing. • RSI is cooling off. • Possible test of support around $12.74 or $12.51.
Unless strong bullish volume comes in soon, it looks like a minor pullback or consolidation phase is ahead.
Bitcoin has been flirting with key levels all day, and traders are asking the big question: Is BTC about to drop further, or will it bounce? Let’s break down what the chart is really telling us.
🔍 What’s Happening on the Chart?
🟠 RSI Losing Steam
The Relative Strength Index (RSI) has slipped to 44.88, down from overbought levels (above 70). That’s a strong signal that the bulls are losing momentum. The RSI hasn’t hit oversold yet (below 30), so there’s still room for more downside before a possible bounce.
🔴 Price Rejection at Resistance
Bitcoin tried to push above the $107,000–$108,000 zone multiple times… and got rejected hard. Each attempt was followed by a pullback, forming a pattern of lower highs and lower lows — a classic sign of short-term bearish pressure.
🔻 Sitting on Weak Support
BTC is now holding just above a key support level at $105,534. If that breaks, the next pit stop could be around $104,900 — and if things get worse, maybe even $104,200.
📉 Range Breakout Indicator
The BigBeluga range breakout tool has already signaled a breakdown earlier, and current price action looks like consolidation before another possible leg down.
⚠️ Bottom Line: Trend Looks Bearish (for Now)
Unless BTC can reclaim $106,524 quickly and convincingly, the chart suggests more downside in the short term. The RSI, failed breakouts, and weak support zone all hint at a likely drop.
Short-Term Targets (Bearish): • Support 1: $105,534 • Support 2: $104,900 • Support 3: ~$104,200
Key Resistance to Watch: • $106,524 (trend reversal possible if reclaimed) • $107,000 (bulls need to break this to change the mood)
📣 Final Thoughts this is a critical moment to watch. A breakdown below current support could be a good short setup just make sure your stop-loss is tight. If you’re a longer-term investor? Might be wise to sit tight and wait for clearer confirmation. #BTC