$MINA The 1H level is forming a double bottom pattern around 0.0570, with the price attempting to stabilize above the EMA20(1H). Although the 4H level is still in a downtrend channel, the latest candlestick shows a long lower shadow, indicating strong buying support below, with bearish momentum weakening and a short-term technical rebound likely.

🎯Direction: Wait and see(Pending Orders)
⚡Entry/Pending Order: Break above 0.0588 to go long
🛑Stop Loss: 0.0572
🚀Target 1: 0.0605
🚀Target 2: 0.0620
🛡️Trade Management:
- Position suggestion: Light position
- Execution strategy: After the pending order is filled, if the price quickly rises to reach Target 1, reduce position by 50% and move the stop loss up to the entry price of 0.0588. Hold the remaining position to aim for Target 2. If the price consolidates near the entry level for a long time, consider actively exiting.
Depth logic: Market depth shows an imbalance of -24.47%, with selling pressure concentrated in the 0.0583-0.0584 range. Once the price volume breaks through this area, it will trigger stop-loss orders above and short covering, forming a short squeeze. The 1H RSI(45.7) has exited the oversold zone, indicating room for upward correction. Open interest remains stable, and the price decline has not caused a large-scale long liquidation, suggesting selling pressure may be nearing an end. The key is whether it can effectively break above the 1H EMA50(0.0587) and hold steady.
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