🔥 $MIRA is attempting a bullish breakout, currently testing key resistance around 0.1333. Price pushed from 0.1253 up to 0.1321 with increasing volume (24h at 26.8M vs 7M earlier), showing real buying pressure.
Flows Check:
Spot: Solid accumulation – +54k in 24h, +166k over 7 days. People are genuinely buying.
Contracts: Mixed – 24h inflow +35k supports bullishness, but 4h/6h outflows (-25k/-27k) suggest profit-taking near resistance.
My Take: Cautiously bullish. A clear close above 0.1333 with volume could confirm a breakout.
Trade Plan:
Entry Zone: 0.1320 – 0.1333 (aggressive entry near current price, safer entry after clear break above 0.1333)
Stop Loss: 0.1275 (aligned with MA5 and recent support)
Targets:
First: 0.1443 (resistance)
Stretch: 0.1557 (upper Bollinger Band)
Why This Works:
Momentum is building with increasing volume, spot accumulation is strong, and contracts show controlled profit-taking rather than panic selling. Waiting for a confirmed break reduces the risk of a fakeout while tight stops protect capital.
Big Thing to Watch: If $MIRA fails to break 0.1333 soon, it could dip back to 0.1223 support. Patience is key – don’t chase a fading move.
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