MINA just absolutely ripped +19.7% — the biggest gainer in today's top 8. Daily RSI at 91.2 tells you everything you need to know about the momentum. 🚀🚀
But here is the thing about coins with 90+ RSI: they can stay there for days, and the moves can be parabolic. Or they can crash 30% in a single candle. Choose wisely.
📊 The Setup:
- Price: $0.1096, up from $0.0496 on the 99-day SMA — a 121% move
- 4H RSI: 78.7 — overbought but still climbing
- Daily RSI: 91.2 — extreme momentum zone
- Volume: $6.1M, 2.79x above average — strongest vol ratio today
- Price 120% above SMA25 daily ($0.0705) — massive extension
💡 Why This Trade?
This is pure momentum. The zero-knowledge narrative is hot, MINA is leading the charge, and the volume backs it up. But at RSI 91, this is a scalp-only setup. Get in, get out, take profits aggressively.
📋 Trade Plan (LONG - Scalp Only):
Entry: $0.1065 - $0.1127
Stop Loss: $0.0973 (below SMA7 4H — tight stop is non-negotiable here)
TP1: $0.1140 | TP2: $0.1184 | TP3: $0.1228
Risk/Reward: 0.4x — scalp mentality, take money when it is green
⚠️ EXTREME CAUTION: RSI 91 = this can reverse violently. Do NOT hold through a pullback hoping it comes back. If the 4H candle closes below $0.10, exit immediately. This is NOT a hold trade.
🤔 RSI 91 — buy the momentum or fade the overbought? Which side are you on?
#MINA #ZK #DYOR
📌 Disclaimer: This is personal analysis, not financial advice. Extreme momentum trades carry extreme risk — use strict stop losses and small position sizes.