🚨 MIRA/USDT: Bottoming Out or Just the Beginning? 📉
The hourly chart for $MIRA is looking like a major tug-of-war. After a failed breakout attempt, the price has been pushed back below all key moving averages (EMA 7, 25, 99).
What do the numbers say? 📊
• Bears in Control: The MACD is showing strong downward momentum. 🔴
• Oversold Territory? The RSI has dipped to 30.8. This suggests the price is "overstretched" to the downside—a technical rebound could be around the corner, but don't be fooled; the immediate trend is still bearish. ⚡
My Next Move: 🏹
• Watch the Support: The $0.0885 level is the "red line." A break below this could lead us straight to $0.0854. ⚠️
• Long Signal? Only if we see a solid close above $0.091. Until then, keep your hands on the keyboard but your finger off the "Buy" button. 🛑
Trade smart, not emotional! 🛡️
#Mira #BinanceSquare #cryptotrading
