$MINA: Distribution Phase Ends: Downside Target Zone Set
SHORT SETUP MINA
Entry: $0.08700 - $0.08730
Stop Loss: $0.09050
Take Profit: $0.08045 (2R)
Key Levels: Support $0.08150 | Resistance $0.09590
Technical Analysis for $MINA: Orderbook shows a 16.8 % askside imbalance. A short swing targeting the 0.08150.083 support zone is favored. Risk if price breaks above 0.0905, invalidating the setup. SHORT bias targets continuation toward support, with resistance as the invalidation level. The stop loss defines the risk level for this setup. The listed entry and target provide the trade plan.
Market Context: BTC is up 0.5 % and market breadth is broadly positive, with 76.8 % of assets green.
SHORT $MINA
SHORT SETUP MINA
Entry: $0.08700 - $0.08730
Stop Loss: $0.09050
Take Profit: $0.08045 (2R)
Key Levels: Support $0.08150 | Resistance $0.09590
Technical Analysis for $MINA: Orderbook shows a 16.8 % askside imbalance. A short swing targeting the 0.08150.083 support zone is favored. Risk if price breaks above 0.0905, invalidating the setup. SHORT bias targets continuation toward support, with resistance as the invalidation level. The stop loss defines the risk level for this setup. The listed entry and target provide the trade plan.
Market Context: BTC is up 0.5 % and market breadth is broadly positive, with 76.8 % of assets green.
SHORT $MINA