๐ $MIRA โ Strong bounce from the lows, but long-term trend is brutal
Current price: 0.05046 (+21.04% today)
What's happening?
MIRA bounced from 0.04147 (24h low) and pushed up to 0.05323 โ that's a +28% rally. Now it's pulling back to 0.05046, but holding well above 0.05. The retrace is healthy (about 30% off the high), and volume is solid (76.58M USDT). Buyers are stepping in, but this is a recovery bounce.
Key levels
ยท Resistance: 0.05323 โ 0.05350 (24h high area)
ยท Immediate support: 0.05000 โ 0.05020
ยท Major support: 0.04850 โ 0.04900
If we break above 0.05350 ๐
โ 0.05500
โ 0.05700
โ 0.06000
If support fails โ ๏ธ
A break below 0.05000 could see a pullback to 0.04850โ0.04900 before the next leg up.
Why I'm watching it (cautiously)
ยท Today's bounce was clean โ buyers defended 0.04147
ยท Volume is healthy (76M USDT) โ real participation
ยท Price is holding above 0.05, near the highs โ that's a sign of strength
ยท 7โday +34.27% โ strong short-term momentum
โ ๏ธ THE BIG RISKS (read this carefully)
ยท 30โday -3.18%, 90โday -37.86%, 180โday -58.14% โ this is a bounce within a brutal downtrend
ยท 1โyear -90.98% โ this coin has been ABSOLUTELY DESTROYED
ยท It's up 28% from the low โ a 30โ40% pullback to 0.036 is entirely possible
ยท This is a pure momentum bounce โ nothing more
My take (plain English):
I like this above 0.05000 for a quick scalp. If it clears 0.05350, we could see 0.05500โ0.05700. Keep your stop below 0.04850 and take profits FAST. This is a bounce on a coin that's down 90% in a year โ size small, don't get caught holding.
๐ Vibe: Bullish for the scalp โ but EXTREMELY cautious.$MIRA
#BitcoinDominanceRisesTo59% #HongKongStorageStocksStrengthen #KospiJumpsOver5%AsChipmakersRebound #OpenAIModelsHackHuggingFace #MovementLabsFilesForChapter11Bankruptcy
Current price: 0.05046 (+21.04% today)
What's happening?
MIRA bounced from 0.04147 (24h low) and pushed up to 0.05323 โ that's a +28% rally. Now it's pulling back to 0.05046, but holding well above 0.05. The retrace is healthy (about 30% off the high), and volume is solid (76.58M USDT). Buyers are stepping in, but this is a recovery bounce.
Key levels
ยท Resistance: 0.05323 โ 0.05350 (24h high area)
ยท Immediate support: 0.05000 โ 0.05020
ยท Major support: 0.04850 โ 0.04900
If we break above 0.05350 ๐
โ 0.05500
โ 0.05700
โ 0.06000
If support fails โ ๏ธ
A break below 0.05000 could see a pullback to 0.04850โ0.04900 before the next leg up.
Why I'm watching it (cautiously)
ยท Today's bounce was clean โ buyers defended 0.04147
ยท Volume is healthy (76M USDT) โ real participation
ยท Price is holding above 0.05, near the highs โ that's a sign of strength
ยท 7โday +34.27% โ strong short-term momentum
โ ๏ธ THE BIG RISKS (read this carefully)
ยท 30โday -3.18%, 90โday -37.86%, 180โday -58.14% โ this is a bounce within a brutal downtrend
ยท 1โyear -90.98% โ this coin has been ABSOLUTELY DESTROYED
ยท It's up 28% from the low โ a 30โ40% pullback to 0.036 is entirely possible
ยท This is a pure momentum bounce โ nothing more
My take (plain English):
I like this above 0.05000 for a quick scalp. If it clears 0.05350, we could see 0.05500โ0.05700. Keep your stop below 0.04850 and take profits FAST. This is a bounce on a coin that's down 90% in a year โ size small, don't get caught holding.
๐ Vibe: Bullish for the scalp โ but EXTREMELY cautious.$MIRA
#BitcoinDominanceRisesTo59% #HongKongStorageStocksStrengthen #KospiJumpsOver5%AsChipmakersRebound #OpenAIModelsHackHuggingFace #MovementLabsFilesForChapter11Bankruptcy
