#mira $MIRA
Technical Analysis Breakdown
๐ 1๏ธโฃ Market Structure
First check the trend:
Higher Highs + Higher Lows = Uptrend ๐
Lower Highs + Lower Lows = Downtrend ๐
Sideways movement = Consolidation
๐ Never trade against the higher timeframe trend (1H or 4H).
๐ 2๏ธโฃ Support & Resistance
Mark:
Strong support zone (previous bounce area)
Major resistance zone (previous rejection area)
๐ก Best entry: Near support with confirmation candle
๐ก Best exit: Near resistance
๐ 3๏ธโฃ Indicators to Use
RSI (Relative Strength Index)
Above 70 = Overbought
Below 30 = Oversold
Look for divergence signals
Volume
Breakout + High volume = Strong move
Breakout + Low volume = Fake breakout risk
EMA (20 & 50)
Price above EMA = Bullish
Price below EMA = Bearish

MIRA
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