UPDATE: $MINA bounced off of lower support. Sitting ok for now. The lower blue line represents support going back to Oct 2023. We've touched this line 5+ times over the past 6 months and it has held each time. We really need to stay above to continue bullish momentum.

$MINA hugging the support line. We could get a nasty wick below. Setting some low ball buy orders just in case.

$MINA hugging the line for 4d straight now.

$MINA closed below key support on the daily chart. Either a nasty fake out, or we're heading much lower. Be careful here.

$MINA showing signs of life. Prior support is now resistance (blue line) at $1.26.

$MINA is in a difficult spot here. Multiple daily closes below our major support line. However, it has found support at the 20w at $1.09. A daily close above $1.27 would get us back on track. A weekly close below $1.09 would signal a move to under $1. Difficult to say which

$MINA 👀

$MINA hasn't regained the support line just yet. It had a nice bounce off the lows but I wont feel too confident until we close back above $1.27. I still have some low ball buy orders near $1 just incase we get a deeper crash.

$MINA long time since my last update. Not a lot has happened since then. I did finally get my low ball buy order filled at $1.02. The next week or two may still have lots of selling due to tax season. People need extra cash to pay their tax bills. I have placed another low

Hey $MINA fam I'm going to start covering price movement on major L1s on my new account @Layer1Report. Please follow if you're interested! Oh and Mina Report will continue to stay 100% focused on $MINA content. Thanks!

Looking forward, I still think $MINA breaks through the ~$1.70 resistance on the next attempt. The bigger question is how long must we wait for another test? Hard to say.

$MINA fam this is something to keep an eye on. My SP500 model printed a trend reversal today. I'm hoping it's a false signal, followed by a quick rebound. It's worth taking this seriously as a stock market correction would lead to a bigger sell off in crypto.

Another warning sign for $MINA. ETH model flashing warnings which could cause a larger slide in the alt market.

$MINA next major support is near $0.96 at the 200dMa. We haven't tested the 200d this entire bull cycle. It will be good to see if we test and hold it and get a strong bounce.

UPDATE: $MINA got pretty close to hitting the 200dMa this morning. It hit a low of $0.99. If we continue to drop, I expect there will be strong support near $0.96.

I was worried when the stock market and tech stocks were selling off the other day, but they're now showing signs of life. A technical bounce for $MINA may be imminent. I re-entered my position at $1.02. BTW follow me at @Layer1Report for more market signals.

Buying more $MINA