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Technical analysis by Traders_Notes about Symbol MINA on 6/1/2025

https://sahmeto.com/message/3568128
،Technical،Traders_Notes

📊 Technical Analysis OverviewA large cup pattern is forming on the higher timeframes.The structure shows an expanding triangle in the accumulation zone — typical of a final phase before a major move.🔸 Key Resistance Zones:$0.80–$0.90 — strong local resistance▫️ First major barrier▫️ Possible fake breakout or retest before continuation$2.60–$3.72 — macro target▫️ Aligns with the upper boundary of the expanding triangle▫️ Matches the projected target area of the cup pattern▫️ This could be the final destination of a larger impulsive move🔹 Fundamental Context:This asset had massive hype during the previous bull cycle.Crowd expectations ranged from $40 to $100 ), leading to a classic overvaluation and eventual wipeout.

Translated from: English
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Signal Type: Neutral
Time Frame:
1 day
Price at Publish Time:
$0.21284
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