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Analysis of $MIRA (4H Timeframe) 📊 Is it a break in the fall or a trap before hitting lows?
Taking a close look at the Mira Coin (MIRA/USDT) chart on the 4-hour timeframe, we see key movements that short-term traders need to keep a close eye on:
1️⃣ Key Support: The price found an important support zone between 0.0750 and 0.0760. The lower wicks in that area show absorption and a rejection to keep falling immediately.
2️⃣ Resistance to Overcome: After a volume spike attempt today, the price is facing psychological resistance around 0.0800, currently trading at around 0.0787.
3️⃣ Pressure in the Order Book: An interesting fact is that the order book shows a buying strength (Demand) above 63%. However, as long as the price doesn't consolidate above 0.0800, the risk of a double bottom remains.
My strategy: Wait for the 4H candlestick close. If it manages to stay above 0.0780, we could see another test of resistance. Otherwise, it's time to protect the capital.
🎯 What do you think about the scenario for the next few hours?
Monitor the buying pressure and watch the candlestick close in real-time by clicking the link below ⬇️ before opening your position.
👉$MIRA
#MIRACoin #TechnicalAnalysis #CryptoTrading #BinanceSquare #CryptoNews
Taking a close look at the Mira Coin (MIRA/USDT) chart on the 4-hour timeframe, we see key movements that short-term traders need to keep a close eye on:
1️⃣ Key Support: The price found an important support zone between 0.0750 and 0.0760. The lower wicks in that area show absorption and a rejection to keep falling immediately.
2️⃣ Resistance to Overcome: After a volume spike attempt today, the price is facing psychological resistance around 0.0800, currently trading at around 0.0787.
3️⃣ Pressure in the Order Book: An interesting fact is that the order book shows a buying strength (Demand) above 63%. However, as long as the price doesn't consolidate above 0.0800, the risk of a double bottom remains.
My strategy: Wait for the 4H candlestick close. If it manages to stay above 0.0780, we could see another test of resistance. Otherwise, it's time to protect the capital.
🎯 What do you think about the scenario for the next few hours?
Monitor the buying pressure and watch the candlestick close in real-time by clicking the link below ⬇️ before opening your position.
👉$MIRA
#MIRACoin #TechnicalAnalysis #CryptoTrading #BinanceSquare #CryptoNews
$MIRA $ZEC pull up gowing and peoples make big profit to buy this 2 coins
#MIRACoin #ZECUSDT #USAdds115kJobs #IranDealHormuzOpen #IranDealHormuzOpen
#MIRACoin #ZECUSDT #USAdds115kJobs #IranDealHormuzOpen #IranDealHormuzOpen
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