$MINA $PIPPIN
/USDT BULLISH MOMENTUM โ BREAKOUT OR FAKEOUT AHEAD ๐
Alright, this chart is getting interesting ๐ MINA is showing strong recovery after forming a solid base near $0.052, and now price is pushing upward with momentum.
We just saw a sharp spike to $0.0728, followed by a pullback โ which is normal after a fast move. Now price is trying to stabilize around $0.0646, right below resistance.
๐ Key Levels to Watch:
๐ด Resistance Zone: $0.065 โ $0.073
Recent rejection from $0.0728 makes this a strong supply area
Break and hold above = continuation toward $0.075+
๐ข Support Zone: $0.060 โ $0.058
This is the immediate support holding the current structure
Losing this zone can bring price back to $0.055 โ $0.052
๐ Market Structure Insight:
Clear higher lows forming โ bullish structure
Momentum is positive, but price is still under resistance
Needs confirmation breakout for continuation
๐ Possible Scenarios:
โ Bullish Case:
Break above $0.065, then expect a move toward $0.070 โ $0.073 and possibly higher
โ Bearish Case:
Rejection here + break below $0.060 = pullback toward $0.055 zone
โ ๏ธ Final Thoughts:
This is a decision zone โ either breakout continuation or short-term rejection.
Avoid chasing the top. Wait for confirmation and manage risk properly.