🧠 MINA is up +15.9% and the daily RSI just hit 90.5. Before you scream "overbought" — let me explain.
At $0.107, Mina Protocol is having a breakout moment. The daily chart shows price is 2x above the SMA99 ($0.050) and well above the SMA25 ($0.070). This isn't a random pump — it's a structural breakout from a long base.
The 4H RSI at 76.5 is hot but the 4H SMA7 ($0.099) is acting as a strong trailing support. Volume is 2.58x average — real participation. The long/short ratio at 1.30 shows the market is aligned bullish.
📊 Trade Plan (LONG — breakout momentum):
• Entry: $0.1036 – $0.1096
• Stop Loss: $0.0947 (below the 4H SMA7 — the trend breaks if this level fails)
• TP1: $0.1109 | TP2: $0.1151 | TP3: $0.1194
• Confidence: 82% — but with an RSI at 90, position size MUST be reduced
⚡ The honest take: at RSI 90+, you don't chase. You wait for a pullback to the $0.10 area and enter there. If you're already in, trail your stop and let it ride.
📈 MINA to $0.15 or back to $0.07? The ZK narrative is heating up — where do you stand?
#MINA #ZK #DYOR
⚠️ Disclaimer: Not financial advice. Overbought conditions can persist but also reverse violently. Trade responsibly.