🚀 $MIRA Analysis: Bullish Momentum Continuation
Mira is currently showing strong bullish strength, up +15.92% and trading at $0.1602. The 4H chart reveals a "staircase" uptrend with price holding firmly above the major EMAs.
📊 Technical View:
Trend: Price is well above EMA(7) ($0.151), EMA(25) ($0.137), and EMA(99) ($0.135), confirming buyers are in control.
Momentum: RSI(6) is at 94.23, indicating the asset is heavily overbought and a short-term cooling period may occur.
📈 Long Setup (Trend Follow):
Entry Range: $0.150 – $0.155 (Wait for a retest of EMA 7 support).
Targets: $0.175, $0.190, $0.210.
Stop Loss: $0.142.
📉 Short Setup (Counter-Trend):
Entry: Rejection at $0.190 resistance with declining volume.
Targets: $0.160, $0.145 (EMA 25 test).
Stop Loss: Above $0.200.
