MINA Price Down 6%; Week Begins With Bearish Note, What’s Next?

MINA Price Down 6%; Week Begins With Bearish Note, What’s Next?

1
MINA coin price prediction hints a short-term bounce from $1.00 support is possible.
2
The 50-day EMA is a crucial support for the Mina coin.
3
A sharp decline in Mina price hurts the sentiment of long-term investors.
MINA price prediction says buyers may try to halt the downfall and might show a bounce from the $1.00. It fell for seven consecutive sessions and the price may spend some time in consolidation before showing the next direction. 
Mina coin price faced rejection from $1.6000 and began to fall by forming lower low candles. The sellers were aggressive and eroded 50% of the gains of December 2023. It indicates that bears are dominating and will try their best to pull the price further down. 
However, the price is trading near its demand zone, so buyers will also not easily give up. The chart pattern of MINA suggests that it is in a correction phase. Buyers need to defend the $1.000 support otherwise, sellers will take control

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We współpracy z: https://www.thecoinrepublic.com/2024/01/08/mina-price-down-6-week-begins-with-bearish-note-whats-next/

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