$MINA woke up this morning and went all in without stopping, staring at the chart just wants to clutch my heart 😮💨. Guys who catch a falling knife must be freezing by now, right? I can clearly smell it.
The price $MINA đ is at $0.0834, deeply breaking through the MA lines on the 1H timeframe. RSI 1H (23.4), 4H (23.43) are oversold, and weekly RSI (33.9) is also nearing that level. The downtrend is strongly synchronized across timeframes from weekly, 4 hours down to 15 minutes—price keeps trading below key moving averages. An important Mesa upgrade at the beginning of 9/2026 improved network performance, but it still couldn’t stop the decline of -15.84% in 24h with volume of $10,768,582 USDT, indicating sell pressure is far too strong. Derivatives data further confirms the short side is dominant: deeply negative funding rate (-0.3122%/8h), Open Interest up +15.8%, and 55.32% of accounts are short. Pessimism is everywhere.
With this backdrop, I’m leaning toward the SHORT side for $MINA (pretty confident, only 2/5 though). The area to watch for selling is 0.087 - 0.09. If the price breaks above 0.095, then my view is wrong—cut it immediately.
The price $MINA đ is at $0.0834, deeply breaking through the MA lines on the 1H timeframe. RSI 1H (23.4), 4H (23.43) are oversold, and weekly RSI (33.9) is also nearing that level. The downtrend is strongly synchronized across timeframes from weekly, 4 hours down to 15 minutes—price keeps trading below key moving averages. An important Mesa upgrade at the beginning of 9/2026 improved network performance, but it still couldn’t stop the decline of -15.84% in 24h with volume of $10,768,582 USDT, indicating sell pressure is far too strong. Derivatives data further confirms the short side is dominant: deeply negative funding rate (-0.3122%/8h), Open Interest up +15.8%, and 55.32% of accounts are short. Pessimism is everywhere.
With this backdrop, I’m leaning toward the SHORT side for $MINA (pretty confident, only 2/5 though). The area to watch for selling is 0.087 - 0.09. If the price breaks above 0.095, then my view is wrong—cut it immediately.