$MIRA (1H) — Post-Parabolic Reversal Short Setup
Bias: Short
Entry (Zone): 0.109 – 0.115
Targets:
TP1: 0.100
TP2: 0.094
TP3: 0.085
Stop Loss: 0.126

Why this Setup:
I see MIRA trading around 0.1087 after completing a full bullish leg and getting sharply rejected from the 0.12–0.15 zone. That rejection confirmed the top for now, with long wicks and fading momentum as price failed to sustain above 0.115. On the lower timeframes, lower highs are forming and price has slipped below the short-term moving average while still extended above the 25 and 99 MAs, which often leads to a deeper mean-reversion pullback. As long as MIRA stays below 0.115, I want to use bounces into the 0.109–0.115 area to build shorts, targeting a move back into the prior support levels at 0.10, 0.094 and potentially 0.085 if the correction fully plays out.

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MIRA
MIRAUSDT
0.0918
+9.15%