$MINA is running, but this is exactly where people get cooked. ⚠️
Price is $0.0682, up 8.25% today, and it’s sitting just 2% off the 30d high. That’s real strength. But volume is only $1.30M, just 0.5x its 20d average, so this move can fade fast if buyers blink.
RSI 4h at 63, trend above the 20d and 50d MA, shorts paying -0.070%... decent squeeze setup, but I’ve seen these rip right into a rug too. 😬
If it pushes that local high, I’d want to see follow-through, not chase. Same ugly lesson as $BTC : strength without volume gets faded.
No hero trades.
Watching how it reacts at that level?
#MINA
#Altcoin
Price is $0.0682, up 8.25% today, and it’s sitting just 2% off the 30d high. That’s real strength. But volume is only $1.30M, just 0.5x its 20d average, so this move can fade fast if buyers blink.
RSI 4h at 63, trend above the 20d and 50d MA, shorts paying -0.070%... decent squeeze setup, but I’ve seen these rip right into a rug too. 😬
If it pushes that local high, I’d want to see follow-through, not chase. Same ugly lesson as $BTC : strength without volume gets faded.
No hero trades.
Watching how it reacts at that level?
#MINA
#Altcoin