I’m not buying the $MIRA bounce just yet.
All the major pieces are leaning bearish: 1H, daily, weekly and BTC. That alignment makes me more interested in what happens at the last swing high than in chasing upside.
The key zone is 0.04109–0.04174. I want to see price probe liquidity around 0.04109, fail to close above it, then print a clear bearish confirmation before considering a short.
If sellers take control, I’m watching 0.03841, 0.03782 and 0.03705 in that order.
Bounce volume is unusually quiet, while top-side longs look crowded. That’s not the kind of strength I need to call a trend reversal.
A close above 0.04109 changes the picture and turns the 1H structure bullish.
Educational report only. Not investment advice.
All the major pieces are leaning bearish: 1H, daily, weekly and BTC. That alignment makes me more interested in what happens at the last swing high than in chasing upside.
The key zone is 0.04109–0.04174. I want to see price probe liquidity around 0.04109, fail to close above it, then print a clear bearish confirmation before considering a short.
If sellers take control, I’m watching 0.03841, 0.03782 and 0.03705 in that order.
Bounce volume is unusually quiet, while top-side longs look crowded. That’s not the kind of strength I need to call a trend reversal.
A close above 0.04109 changes the picture and turns the 1H structure bullish.
Educational report only. Not investment advice.
