A 3.0% stop sits just below the recent swing, making a 1.7:1 reward viable with about 2x leverage. MINA is now trapped under a broken higher high and is testing the 1.12 resistance.
━━━━━━━━━━━━━━━━━━━━━
🔴
$MINA SHORT 📉
━━━━━━━━━━━━━━━━━━━━━
📍 Entry Range: $0.157502 – $0.157818
🛑 Stop Loss: $0.162390 (-3.0%)
🎯 TP1: $0.155295 (+1.5%)
🏆 TP2: $0.149777 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 64%
━━━━━━━━━━━━━━━━━━━━━
The market structure flipped on the CHoCH, and CVD showed a surge of selling pressure confirming the bias. An FVG aligns with an order block that acted as a liquidity sweep, creating a POI where the OB and FVG overlap. The price is now bouncing off that confluence, setting the short entry.
A 3% stop is relatively tight on this range, so stick to 2x or lower leverage to stay within the risk budget.
Take half profit around the first target near 1.08 to lock in gains early.
As always: manage your risk, this is not financial advice 🙏
$MINA #MINAUSDT #nfpwatch #TradingSignals #Write2Earn