$MINA: Rejection at Key Supply Zone: Short Setup Activated
SHORT SETUP MINA
Entry: $0.08100 - $0.08140
Stop Loss: $0.08445
Take Profit: $0.07470 (2R)
Key Levels: Support $0.07560 | Resistance $0.08070
Technical Analysis for $MINA: RSI at 43 and ADX near 48 signal a weakening bias. A break below 0.0810 significantly could pull the pair toward the 0.0756 support level, the next target. Invalidated if price retests 0.0830. SHORT bias targets continuation toward support, with resistance as the invalidation level. The stop loss defines the risk level for this setup.
Market Context: BTC is down 1.3% with a bearish 4hour trend. The broader market is broadly negative, 80% red, and market breadth is weak.
SHORT $MINA
SHORT SETUP MINA
Entry: $0.08100 - $0.08140
Stop Loss: $0.08445
Take Profit: $0.07470 (2R)
Key Levels: Support $0.07560 | Resistance $0.08070
Technical Analysis for $MINA: RSI at 43 and ADX near 48 signal a weakening bias. A break below 0.0810 significantly could pull the pair toward the 0.0756 support level, the next target. Invalidated if price retests 0.0830. SHORT bias targets continuation toward support, with resistance as the invalidation level. The stop loss defines the risk level for this setup.
Market Context: BTC is down 1.3% with a bearish 4hour trend. The broader market is broadly negative, 80% red, and market breadth is weak.
SHORT $MINA