1
MINA price chart shows range bound moves over the past number of trading sessions.
2
Buyers are looking to escape the trendline of $0.500.
MINA price is trading below the 20 day EMA and is consolidating in a narrow range in the $0.300 – $0.450 band, and did not show signs of breakout. However, the trend is intact and the small size of candlesticks signals lower investor interest and average trading volume which did not give pace to bulls for initiating a reversal. On the other hand, sellers also need momentum to break the immediate support zone of $0.300 to bring MINA toward the demand zone of $0.200.
MINA price formed a double bottom pattern, bulls were attempting a breakout by escaping the neckline of $0.450 followed by $0.500 to chase the gains toward $0.600. Furthermore, the trend is neutral and bulls showing their interest and hold the gains near $0.350 and waiting for a pullback for the past sessions. Sellers are now in control and buyers are t
We współpracy z: https://www.thecoinrepublic.com/2023/09/22/mina-price-prediction-will-mina-escape-trendline-of-0-500/
