#FedMinutesFocusOnOctoberPause
MINA & FIL — Short Market Outlook
$MINA trading around $0.104, with market cap near $147M. After the sharp pullback, $0.099–$0.100 is the key support zone; reclaiming $0.117–$0.124 would strengthen the recovery, with $0.133 as the next upside level.
$FIL around $1.09–$1.11, with market cap roughly $906M–$925M. The upcoming Oct. 15 vesting cliff, expected to reduce new issuance by ~75%, is a major catalyst. Support sits at $1.10/$1.03, while $1.17–$1.22 is the breakout zone.
Strategy: I’d avoid chasing the spike—watch MINA above $0.117 and FIL above $1.17 for confirmation. If supports hold, both can offer better risk/reward on a controlled entry; a breakdown invalidates the bullish setup.
#mina #fil #BinanceLaunchesBinanceIntelligence #WinklevossFilesSpotZcashETFApplication
MINA & FIL — Short Market Outlook
$MINA trading around $0.104, with market cap near $147M. After the sharp pullback, $0.099–$0.100 is the key support zone; reclaiming $0.117–$0.124 would strengthen the recovery, with $0.133 as the next upside level.
$FIL around $1.09–$1.11, with market cap roughly $906M–$925M. The upcoming Oct. 15 vesting cliff, expected to reduce new issuance by ~75%, is a major catalyst. Support sits at $1.10/$1.03, while $1.17–$1.22 is the breakout zone.
Strategy: I’d avoid chasing the spike—watch MINA above $0.117 and FIL above $1.17 for confirmation. If supports hold, both can offer better risk/reward on a controlled entry; a breakdown invalidates the bullish setup.
#mina #fil #BinanceLaunchesBinanceIntelligence #WinklevossFilesSpotZcashETFApplication