#MINA/USDT analysis-
Price previously gave breakout and now, it is in the uptrend. Price took support exactly where the previous resistance was and it is trading near the resistance zone.
Price is in the consolidation zone for almost more than 24 hours.
T.F.- 5-Minute
ENTRY- as soon as it gives breakout i.e. around 1.5451-1.5455
SL- Below around previous swing low i.e. around 1.5185 or as per the risk management
TARGET 1- 1.5715
TARGET 2- 1.5980
Note- If stop loss hits before entry then ignore the trade as per the price action will formed differently.
Price previously gave breakout and now, it is in the uptrend. Price took support exactly where the previous resistance was and it is trading near the resistance zone.
Price is in the consolidation zone for almost more than 24 hours.
T.F.- 5-Minute
ENTRY- as soon as it gives breakout i.e. around 1.5451-1.5455
SL- Below around previous swing low i.e. around 1.5185 or as per the risk management
TARGET 1- 1.5715
TARGET 2- 1.5980
Note- If stop loss hits before entry then ignore the trade as per the price action will formed differently.