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.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.