4H timeframe analysis of MIRA/USDT :
📊 Current Price: 0.0929 USDT
24H High: 0.0985
24H Low: 0.0904
Strong spike earlier to 0.1500 (big pump & dump candle)
🔎 Trend Overview (4H)
1️⃣ Moving Averages
MA(7): 0.0934
MA(25): 0.0943
MA(99): 0.0898
👉 Price is:
Slightly below MA7 & MA25
Still above MA99
This means:
Short term = weak / sideways
Medium term = neutral
Long term = still holding structure above MA99
📉 Market Structure
After the big pump to 0.1500, price corrected hard.
Now it is moving in a sideways range between 0.089 – 0.098.
This is consolidation.
🟢 Support & Resistance
🔹 Strong Support:
0.089 – 0.090
If break → next support around 0.076
🔹 Resistance:
0.098 – 0.105
Major resistance: 0.120
If break 0.105 with volume → bullish continuation possible.
📊 Volume Analysis
Big volume spike during pump
Now volume decreasing
Low volume = no strong trend yet.
🎯 Possible Scenarios
🟢 Bullish Case:
If price holds above 0.090 and breaks 0.098:
Target: 0.105
Then 0.120
🔴 Bearish Case:
If 0.089 breaks:
Target: 0.080
Then 0.076 area
🧠 My Opinion (Not Financial Advice)
Right now this looks like:
Post-pump consolidation
Best strategy:
Wait for breakout
Or buy near strong support with tight stop-loss