Yesterday's trading day will go down in the history of March 2026 as the moment of the triumphant return of the 'bulls' to the Bitcoin market. The rise of the main cryptocurrency to levels above $71,800 provoked a wave of liquidity into all promising altcoins. The Mira (MIRA) project not only followed the market but also showed a technical signal that we at the 'Golden Standard' GLOO had been waiting for several weeks.
Flight analysis: Why did 'grandpa' grow?
Yesterday's Bitcoin momentum was caused by a combination of factors: massive short position liquidations (Short Squeeze) and positive expectations from the adoption of the Digital Assets Law (Clarity Act). When Bitcoin broke the resistance level around $70,000, capital began to actively flow into undervalued assets of the @fabric_network ecosystem.
Technical analysis of MIRA: Breakthrough confirmed
In the presented charts, we see the perfect execution of the reversal scenario:
Trend breakout: On the 1-hour timeframe, the price of MIRA confidently broke the descending yellow trend line that had held the asset for a long time.
GLOO Signal: Our signature indicator recorded an entry point just above the resistance zone of 0.0921. This confirms that the initiative has fully shifted to buyers.
Fundamental resilience: Despite last month's market correction, the level 0.0860 held and became a strong concrete floor for the current growth.
What's next? Goals and strategies
The current price of 0.0917 is just the beginning of the recovery. If the positive background from Bitcoin is maintained, the nearest targets for profit taking will be:
Local peak: Level 0.0947, where some consolidation may occur.
Medium-term target: The zone 0.1030, which will mean a complete recovery after the recent decline.
Conclusion: While retail traders continue to doubt and 'pick their noses', professionals use Bitcoin's pump as a filter to find strong assets. MIRA has passed this test. A capitalization of $22.55 million with such a technical picture makes this asset one of the most promising in the GLOO portfolio for the current week.
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