Analysis of $MINA and its Expected Direction
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1. First Chart
From the analysis of the first chart:
• Key Points:
• There is a buying zone marked between 0.3480 and 0.4000.
• The first expected target: 0.8979.
• The second expected target: 1.3187.
• The third expected target: 1.7224.
• General Trend:
• The expected trend is upward, with strong support areas in the marked buying zone.
• If the resistance level at 0.8979 is breached, the currency may continue to rise to 1.3187 and then 1.7224.
2. Second Chart
From the analysis of the second chart:
• Volume and Open Interest Indicators:
• There is a decline in trading volume as indicated by the CVD indicator.
• The open interest rate is stable, indicating a balance between supply and demand.
3. Third Chart
From the analysis of the Liquidation Heatmap:
• Structure and Pressure:
• The chart shows high and low pressure areas where the market is prone to liquidation.
• Liquidation areas are shown in yellow, indicating high liquidity.
Conclusion
• Technical Analysis indicates strong upward opportunities for MINA provided it stays above the marked buying zone.
• Other Indicators (CVD, open interest, Liquidation Heatmap) support the bullish scenario if the currency maintains its support levels.
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