Market Fast Update: $MINA 📊
Recommended Direction: Ranging/Sideways
Entry: 0.03917-0.03955
Stop-Loss Reference: 0.03898
Target Price: 0.03975/0.04007/0.04046
Analysis: Oh my, this MINA setup... I’m really both regretful and exhausted. I keep slapping my thigh in frustration. Look at the current price—0.03936. The fluctuations have no rhyme or reason at all. There isn’t any clear crossover even in the EMA(0.04/0.04). And the RSI(28.2) is still in a low zone. If only this were a one-way major trend... But right now it’s just wearing people down. The range-bound chop is really tiring—this market is just grindy. You have to be patient and don’t rush in.
By the way, the stop-loss level at 0.038982 also has me laughing and crying at the same time. Isn’t that stop-loss too harsh? What if one day it suddenly breaks below 0.0385—if you get out strictly at the stop-loss then that would be a big loss. Sigh, I’m just mentally drained. I really hope it can give me a breakthrough direction. Hopefully it gives a breakout before it breaks the stop-loss level—otherwise I’m going to end up using this stop-loss level multiple times.
Note: Suggested Stop-Loss Level: 0.038982. Please adjust your position size according to your own risk preference.
#MINA
Recommended Direction: Ranging/Sideways
Entry: 0.03917-0.03955
Stop-Loss Reference: 0.03898
Target Price: 0.03975/0.04007/0.04046
Analysis: Oh my, this MINA setup... I’m really both regretful and exhausted. I keep slapping my thigh in frustration. Look at the current price—0.03936. The fluctuations have no rhyme or reason at all. There isn’t any clear crossover even in the EMA(0.04/0.04). And the RSI(28.2) is still in a low zone. If only this were a one-way major trend... But right now it’s just wearing people down. The range-bound chop is really tiring—this market is just grindy. You have to be patient and don’t rush in.
By the way, the stop-loss level at 0.038982 also has me laughing and crying at the same time. Isn’t that stop-loss too harsh? What if one day it suddenly breaks below 0.0385—if you get out strictly at the stop-loss then that would be a big loss. Sigh, I’m just mentally drained. I really hope it can give me a breakthrough direction. Hopefully it gives a breakout before it breaks the stop-loss level—otherwise I’m going to end up using this stop-loss level multiple times.
Note: Suggested Stop-Loss Level: 0.038982. Please adjust your position size according to your own risk preference.
#MINA