$MINA
$MINA USDT — 2H Technical Analysis (Based on Chart)
Market Structure
Overall structure shows a downtrend → base formation.
Price is holding a key demand zone around 0.088–0.090, which is acting as major support.
Recent candles suggest a potential short-term trend reversal if support holds.
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Key Levels
Support
0.0880 – 0.0900 (critical demand zone)
0.0850 (last defense)
Resistance / Targets
0.0950 (first reaction level)
0.1020
0.1100 (major upside target shown on chart)
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Indicators (2H)
RSI: Recovering from oversold → bullish divergence likely forming.
Structure: Higher low attempt from support = bullish signal.
Volume: Needs expansion on breakout above 0.095 for confirmation.
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Trade Scenarios
Bullish Scenario (Preferred)
Hold above 0.088–0.090
Break & close above 0.095
Targets: 0.102 → 0.110
Momentum continuation likely if structure flips bullish
Bearish Scenario
Clean breakdown below 0.088
Downside risk toward 0.085 → 0.082
Bias flips bearish if support fails
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Conclusion
As long as 0.088 support holds, buyers remain in control and a relief rally toward 0.11 is technically valid.
This is a high-risk / high-reward zone, so confirmation is key.
published by @Eagle-fight
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