🚀 Trade Setup: MIRA (Long)
The recent sharp dump looks more like a liquidity sweep than actual distribution. After testing lower supports, MIRA is printing higher lows while volume confirms buyer interest at the 0.0890 level. If we hold this floor, we’re looking at a clean reversal into prior resistance levels..
📊 Trading Plan - LONG
Entry Zone: 0.0890 – 0.0949
Leverage: Max 10x
Stop Loss (SL) : 0.0840 (Invalidated if we lose 0.0844 aggressively)
🎯 Take Profit Targets
Target Price - Note
TP-1 0.0992 Initial Resistance
TP-2 0.1048 Mid-Range Extension
TP-3 0.1112 Major Reversal Peak
🔍 Technical Breakdown
Support Hold : Buyers defended the 0.0890 area with conviction; "weak hands" have likely been shaken out.
Momentum : Rebound momentum is currently consolidating, but the formation of higher lows suggests a bullish structural shift.
Risk Note : Be cautious if price action loses 0.0844 on high volume, as this would negate the reversal thesis...
Trade $MIRA here 👍