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Altcoin Opportunities

We are still bullish on MINA

Updated: Jul 25, 2024
Published: Nov 24, 2023
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We were checking out the charts for Mina and noticed some interesting price action lately.

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At first glance, it looks pretty bullish - we had a big green daily candlestick, which took us above the key $0.75 level. 🔥

We've pointed to that area since it was former resistance – you can see price bounced off it a few times back there.📉

So breaking above is a big deal and could signal further upside ahead if we can close strong above $0.75 today and hold it as support. 

 The next targets are around $1, which would be sweet! Though we have some historical sell-offs and choppiness around the $0.86 area, we'll see if price can push through.

Now, if $0.75 fails to hold, no biggie.  

We still have support areas at $0.70 and $0.67 to watch on pullbacks. 

And overall, Mina remains in an uptrend- the big picture is still bullish - as long as it holds above $0.57 or so. That's been our strong floor recently.

So, in short, the charts look great for Mina. Upward momentum remains strong as we're above key levels, and we are looking for more entry opportunities on any dips!

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