$MINA sharp sell off after the peak, price is below all key EMAs so it needs a reclaim to flip
Price 0.0872
Move +5.19%
24h High 0.0956
24h Low 0.0803
Reason early strength faded into heavy profit taking, price broke under EMA 7 at 0.0881, EMA 25 at 0.0902, and EMA 99 at 0.0897, volume is still active at 81.40M $MINA and 7.40M USDT so bounces can be fast but risk stays elevated
Key Levels
Support 0.0868 then 0.0863 then 0.0803
Resistance 0.0881 then 0.0897 to 0.0902 then 0.0956
Trend bearish short term, despite being green on the day
Trade Idea
If price reclaims 0.0902 and holds, it becomes a recovery setup toward 0.0922 then 0.0956
If price loses 0.0868 then downside opens toward 0.0803 for a deeper retest
