🔥 $MIRA /USDT: High-Volatility Liquidity Grab & Retreatment back into 4H Range
📊 Market Bias: Neutral-to-Bullish (Consolidation above Dynamic Support)
The 4-hour timeframe highlights a dramatic volatility expansion, where price spiked aggressively to sweep overhead liquidity up to 0.05940. However, the rapid rejection left a massive upper wick, indicating strong profit-taking at higher levels. Price has settled around 0.05094, remaining structurally supported by the green 4H Supertrend line (0.04638).
🎯 Trade Setup: LONG (On Retest of Demand)
Entry Zone: 0.04750 – 0.04920 (Pullback into the 4H Fair Value Gap & upper boundary of the Supertrend support zone)
Stop Loss: 0.04550 (Placed safely below the Supertrend baseline of 0.04638 and structural low at 0.04558)
Take Profit 1 (TP1): 0.05289 (Local horizontal swing target)
Take Profit 2 (TP2): 0.05654 (Mid-range expansion level)
Take Profit 3 (TP3): 0.05940 (Retest of the major liquidity sweep high)
Risk-to-Reward Ratio (R:R): ~1:2.8 (to TP2)
Trade Invalidation: 4-Hour candle close below 0.04550.
#Mira #mirausdt #MIRACoin #mirausdt #MIRAUSDTAnalysis
📊 Market Bias: Neutral-to-Bullish (Consolidation above Dynamic Support)
The 4-hour timeframe highlights a dramatic volatility expansion, where price spiked aggressively to sweep overhead liquidity up to 0.05940. However, the rapid rejection left a massive upper wick, indicating strong profit-taking at higher levels. Price has settled around 0.05094, remaining structurally supported by the green 4H Supertrend line (0.04638).
🎯 Trade Setup: LONG (On Retest of Demand)
Entry Zone: 0.04750 – 0.04920 (Pullback into the 4H Fair Value Gap & upper boundary of the Supertrend support zone)
Stop Loss: 0.04550 (Placed safely below the Supertrend baseline of 0.04638 and structural low at 0.04558)
Take Profit 1 (TP1): 0.05289 (Local horizontal swing target)
Take Profit 2 (TP2): 0.05654 (Mid-range expansion level)
Take Profit 3 (TP3): 0.05940 (Retest of the major liquidity sweep high)
Risk-to-Reward Ratio (R:R): ~1:2.8 (to TP2)
Trade Invalidation: 4-Hour candle close below 0.04550.
#Mira #mirausdt #MIRACoin #mirausdt #MIRAUSDTAnalysis
