MINA Price Analysis: Will MINA Price Favor the Bears?

MINA Price Analysis: Will MINA Price Favor the Bears?

MINA price is currently trading at $0.758, with an increase of 111% in the 24-hour trading volume.
MINA price observed a decline of 8.00% in the last 24 hours.
The price of MINA can take a downturn shortly.
Recently, a bullish outbreak was observed in the MINA price amid a bearish investor outlook for the MINA network. The price of MINA is attempting to break below its 100-day EMA near the previous consolidation range. The price also made a rough head and shoulder pattern between February and March, with the shoulders being formed at $0.900 and the head around $1.200.
MINA Price Trades Within a Consolidation Range on the (Daily Timeframe)
Source:  MINA/USDT by TradingView
Around mid-February, the price of the MINA token took resistance from $1.200, breaking its bull trend. Following this, it made a downfall of 40%. MINA’s price made another attempt to resume its bullish trend by retesting its shoulder level. However, it could not sustain and made a bearish correction of 20%. The pri

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