MINA PLUNGES THROUGH SUPPORT ⚡📉
Price action on $MINA has ripped through the prior order‑block at $0.140, leaving the 24‑hour low barely above the $0.13144 floor and snapping the short‑term EMA into a bearish alignment. Spot volume surged past $26 M, confirming aggressive selling pressure as the market tested the $0.13210 support zone and failed to hold, pushing the ticker into the lower 10 % of its range.📉
The move appears more than a routine correction; the breach of the $0.140 anchor erodes the lower swing low that previously defined the range, suggesting a structural weakness rather than a healthy pullback. Momentum oscillators have turned sharply negative, and the price is now eyeing the $0.15136 mid‑range as a potential short‑term ceiling before the next leg down to the $0.13210 floor.⚡ If buying interest does not re‑emerge, the next barrier could be the $0.1215 psychological level, where previous liquidity pools were concentrated.📉
Levels to monitor:
Watching support around $0.13210
Structure suggests resistance near $0.17043
Mid range area: $0.15136
DYOR
Follow for Updates
#MINA #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare
Price action on $MINA has ripped through the prior order‑block at $0.140, leaving the 24‑hour low barely above the $0.13144 floor and snapping the short‑term EMA into a bearish alignment. Spot volume surged past $26 M, confirming aggressive selling pressure as the market tested the $0.13210 support zone and failed to hold, pushing the ticker into the lower 10 % of its range.📉
The move appears more than a routine correction; the breach of the $0.140 anchor erodes the lower swing low that previously defined the range, suggesting a structural weakness rather than a healthy pullback. Momentum oscillators have turned sharply negative, and the price is now eyeing the $0.15136 mid‑range as a potential short‑term ceiling before the next leg down to the $0.13210 floor.⚡ If buying interest does not re‑emerge, the next barrier could be the $0.1215 psychological level, where previous liquidity pools were concentrated.📉
Levels to monitor:
Watching support around $0.13210
Structure suggests resistance near $0.17043
Mid range area: $0.15136
DYOR
Follow for Updates
#MINA #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare