📊 $MINA rehearsing a Reversal! 🚀 Buy now or wait for the retest?
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"Hello, Traders! 📈
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The 1h chart of $MINA is showing interesting signs of life after touching $0.0612. We had a crossover of the short averages and the buying volume showed up for the party. 🥂
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Currently, we are battling with the resistance at $0.0732. If we break strongly through the MA(99) around $0.0757, the path may open for larger targets. Otherwise, we may see a healthy retest at the lower averages to consolidate the base.
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The Order Book is leaning towards the Bulls (61% of buy orders!), but as we know, in the crypto world, caution is the best friend of profit.
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🤔 What’s your strategy for today?
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🟢 BUY: I believe in the continuation of the bullish trend!
🔴 SELL: It was just a 'dead cat bounce', it will drop more.
🟡 WAIT: I prefer to wait for the breakout of the resistance.
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Leave your opinion in the comments! 👇
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#MinaProtocol #MINA #CryptoTrading #TechnicalAnalysis #BinanceSquare
