$MINA 0.88 has rebounded. Is there still a chance of a major pump?
Selling pressure overhead remains heavy, and the rebound hasn't gained much traction. It looks more like an attempt to force short sellers out of their positions.
Smart-money data shows that major short positions are twice the size of long positions, with a 60% profit ratio. On-chain funds are also continuing to flow out, so bears are dominating in the short term.
Hao recommends opening a short position at the current price of 0.90 and adding to it if the price rebounds. The short-term target is 0.78–0.70. 👇
Selling pressure overhead remains heavy, and the rebound hasn't gained much traction. It looks more like an attempt to force short sellers out of their positions.
Smart-money data shows that major short positions are twice the size of long positions, with a 60% profit ratio. On-chain funds are also continuing to flow out, so bears are dominating in the short term.
Hao recommends opening a short position at the current price of 0.90 and adding to it if the price rebounds. The short-term target is 0.78–0.70. 👇