MINA has broken out of a classic falling wedge pattern, indicating a potential bullish reversal. The breakout above the upper trendline suggests growing momentum and buyer interest.
✅ Key Highlights:
Price successfully broke the wedge resistance around $0.2142, confirming a bullish breakout.
Current price action near $0.2588 shows strength with no major signs of exhaustion yet.
The projected target based on the pattern is around $0.38.
A logical stop-loss can be placed near $0.18, just below the previous swing low and the wedge support.
📈 Conclusion:
If momentum continues, MINA has room for further upside. A pullback to retest the breakout zone may offer a safer re-entry opportunity.
✅ Key Highlights:
Price successfully broke the wedge resistance around $0.2142, confirming a bullish breakout.
Current price action near $0.2588 shows strength with no major signs of exhaustion yet.
The projected target based on the pattern is around $0.38.
A logical stop-loss can be placed near $0.18, just below the previous swing low and the wedge support.
📈 Conclusion:
If momentum continues, MINA has room for further upside. A pullback to retest the breakout zone may offer a safer re-entry opportunity.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
