This chart is exactly why I don’t like chasing green candles. 👀
Price has gone from around $0.04 to $0.17, and now it’s sitting near $0.159 after rejecting the $0.1699 high.
The interesting part for me is what happens next.
The 7-day MA is around $0.1507, while the 25-day MA is still much lower at $0.1233.
After a move this big, I’d rather see whether buyers can defend the recent breakout than jump in just because the chart looks strong.
I’ve learned the hard way that a strong chart can still give a terrible entry.
Would you buy this pullback, or wait for a deeper correction?
$MINA
Price has gone from around $0.04 to $0.17, and now it’s sitting near $0.159 after rejecting the $0.1699 high.
The interesting part for me is what happens next.
The 7-day MA is around $0.1507, while the 25-day MA is still much lower at $0.1233.
After a move this big, I’d rather see whether buyers can defend the recent breakout than jump in just because the chart looks strong.
I’ve learned the hard way that a strong chart can still give a terrible entry.
Would you buy this pullback, or wait for a deeper correction?
$MINA
