🚨 $MINA IS STILL LOOKING WEAK.
$MINA is down 23.3% in 24H, with 1.6x volume behind the move.
But the interesting part is that shorts are still opening around $0.1314.
Someone is still willing to pay to stay short here. 👀
That gives me a clear setup:
🔴 $0.1387 → invalidation / level where shorts are wrong
🎯 $0.1241 → first downside target
🎯 $0.1193 → main target
I’d look to hold through $0.1241 if momentum stays bearish, because $0.1193 is where I think the move really starts to make sense.
The key is not chasing the dump.
If $MINA keeps rejecting below $0.1387 while short positioning continues building, the downside could extend toward $0.1193. 📉
Below $0.1387, I’m watching $0.1241 → $0.1193.
$MINA is down 23.3% in 24H, with 1.6x volume behind the move.
But the interesting part is that shorts are still opening around $0.1314.
Someone is still willing to pay to stay short here. 👀
That gives me a clear setup:
🔴 $0.1387 → invalidation / level where shorts are wrong
🎯 $0.1241 → first downside target
🎯 $0.1193 → main target
I’d look to hold through $0.1241 if momentum stays bearish, because $0.1193 is where I think the move really starts to make sense.
The key is not chasing the dump.
If $MINA keeps rejecting below $0.1387 while short positioning continues building, the downside could extend toward $0.1193. 📉
Below $0.1387, I’m watching $0.1241 → $0.1193.
