#mira $MIRA
Smart funding downtrend: The selling rate among whales reached 0.53 with a profit rate of 77%, indicating strong institutional conviction towards the downtrend.
Technical resistance: The price remained below all major Asian moving averages at $0.089, with a negative MACD indicator and a relative strength index near 40 confirming weak momentum.
Outflows of capital: The net outflows from large positions reached -3,414 USDT, indicating distribution despite the slight daily increase.
Downward risks: The critical support at $0.0887 is facing a test; breaking below $0.085 will be considered a target as long as buying positions remain below water level.
Downward consolidation patterns
Price movement: MIRA is trading at $0.089, up 11.5% daily but down 15.8% weekly, holding below all major Asian moving averages with immediate support at $0.0887.
Technical signals: The relative strength index hovers near 40 while the MACD chart remains negative, confirming downward momentum despite recovery attempts during the day.
Volume and flows: The net outflows totaled -161 USDT, with increased selling from large positions reaching -3,414 USDT, indicating distribution pressures.#Mir20k $MIRA
Smart funding downtrend: The selling rate among whales reached 0.53 with a profit rate of 77%, indicating strong institutional conviction towards the downtrend.
Technical resistance: The price remained below all major Asian moving averages at $0.089, with a negative MACD indicator and a relative strength index near 40 confirming weak momentum.
Outflows of capital: The net outflows from large positions reached -3,414 USDT, indicating distribution despite the slight daily increase.
Downward risks: The critical support at $0.0887 is facing a test; breaking below $0.085 will be considered a target as long as buying positions remain below water level.
Downward consolidation patterns
Price movement: MIRA is trading at $0.089, up 11.5% daily but down 15.8% weekly, holding below all major Asian moving averages with immediate support at $0.0887.
Technical signals: The relative strength index hovers near 40 while the MACD chart remains negative, confirming downward momentum despite recovery attempts during the day.
Volume and flows: The net outflows totaled -161 USDT, with increased selling from large positions reaching -3,414 USDT, indicating distribution pressures.#Mir20k $MIRA