【$MINA Signal】V-Shaped Rebound! 1H Level Stabilization, Waiting for Breakout Confirmation

$MINA The 1H level has formed a double bottom pattern around 0.0570, and the price is attempting to stabilize above the EMA20(1H). Although the 4H level is still in a downtrend channel, the latest candle closed with a long lower shadow, indicating strong buying support below, weakening bearish momentum, and a short-term technical rebound is possible.

🎯Direction: Watch and wait(Pending Orders)

⚡Entry/Order: Break above 0.0588 to go long

🛑Stop Loss: 0.0572

🚀Target 1: 0.0605

🚀Target 2: 0.0620

🛡️Trade Management:
- Position Size: Light
- Strategy: After the pending order is filled, if the price quickly rises to reach Target 1, reduce position by 50%, and move the stop loss up to the entry price of 0.0588. Hold the remaining position to aim for Target 2. If the price consolidates near the entry level for a long time, consider actively exiting.

Order Book Logic: Market depth shows an imbalance of -24.47%, with selling pressure concentrated around 0.0583-0.0584. Once the price volume breaks through this area, it will trigger stop-loss orders above and short covering, forming a short squeeze. The 1H RSI(45.7) has exited the oversold zone, indicating room for upward correction. Open Interest remains stable, and the price decline has not caused a large-scale long liquidation, suggesting selling pressure may be nearing an end. The key is whether the price can effectively break above the 1H EMA50(0.0587) and hold steady.

View real-time market 👇 $MINA

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