💎 MINA has undeniably garnered significant attention in the market. Recently, MINA executed a flawless bounce from the demand zone, which had previously served as a supply zone, displaying a notable pattern of touching and bouncing twice.
💎 In its current position, MINA has broken out of the Bullish Pennant pattern and is presently undergoing a retesting phase at the trendline. Should this retesting phase prove valid and receive support from the market, the price probability will likely sustain its upward trajectory and retest our intended strong resistance area.
💎 However, if MINA fails to maintain its upward momentum and experiences a false breakout, the price may regress to the demand area for the third time.
💎 In the demand area, a decisive bounce is essential. Should MINA merely consolidate in this region without exhibiting a bounce, there is a potential risk of losing the demand area, subsequently leading to a descent toward the key support area.
💎 In its current position, MINA has broken out of the Bullish Pennant pattern and is presently undergoing a retesting phase at the trendline. Should this retesting phase prove valid and receive support from the market, the price probability will likely sustain its upward trajectory and retest our intended strong resistance area.
💎 However, if MINA fails to maintain its upward momentum and experiences a false breakout, the price may regress to the demand area for the third time.
💎 In the demand area, a decisive bounce is essential. Should MINA merely consolidate in this region without exhibiting a bounce, there is a potential risk of losing the demand area, subsequently leading to a descent toward the key support area.
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.