【$MINA Signal】Long - 1H Breakout Retest Confirmation, Institutional Support Intent Clear

$MINA is trading strongly above the EMA20 on the 1H timeframe, just completing a test of the previous high zone. The 4H timeframe has printed consecutive green candles, breaking through the previous consolidation platform with an uptrend established. While the current price has pulled back slightly, this represents a healthy retest. Buying depth significantly exceeds selling depth, with clear institutional support intent.

🎯 Direction: Long

⚡ Entry/Pending Order: 0.0566 - 0.0572

🛑 Stop Loss: 0.0566

🚀 Target 1: 0.0597

🚀 Target 2: 0.0609

🛡 ️Trade Management:

- Execution Strategy: Upon reaching Target 1, reduce position by 50% to lock in profits and move the stop loss on remaining position up to entry price. If price breaks Target 1 decisively and holds, retain partial position to chase Target 2.

Deep Analysis: Open interest remains stable during the price increase, indicating fresh capital inflow rather than short liquidation. 1-hour RSI is in a healthy zone with no bearish divergence. Order book data shows abnormally thick buying depth, particularly forming a dense support wall below 0.0580, while selling pressure above is relatively sparse, easing resistance for further upside. Combined with positive funding rates, market sentiment is bullish but not overheated—an ideal environment for short-term scalping.

View Live Chart 👇 $MINA

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