MINA coin price survives the selling observed yesterday and sustains above the $3 mark. Will bulls retain trend control to reach $5?

Key technical points:
<ul>
 	<li style="font-weight: 400">MINA prices have increased by 4.57% in the past 24 hours.</li>
 	<li style="font-weight: 400">In addition, the RSI slope enters the overbought territory.</li>
 	<li style="font-weight: 400">Finally, the 24-hour trading volume of MINA is $244.35 Million, marking a 35% rise.</li>
</ul>
<h2>Past Performance of MINA</h2>
MINA coin price action shows a phenomenal bullish recovery rally starting from the $1.5 mark and sustaining above $3. The rally surpasses all the resisting EMAs and survives the recent selling observed all over the market. Despite the higher price rejection, the rally continues and strives to approach the $5 mark.

<img src="https://s3.tradingview.com/snapshots/j/JukhZpJL.png" alt="TradingView Chart" />

Source-<a href="https://www.tradingview.com/x/JukhZpJL/">Tradingview</a>
<h2>MINA Technical Analysis </h2>
MINA coin price has grown by 106% in the last 24 days and reflects a post-retest reversal rally starting from the $3 mark. Hence, the inflation may rise to hit the $5 mark shortly.

The bearish aligned EMAs show a reversal and increased chances of bullish crossovers in the daily chart. Moreover, the price sustaining above the 200-day EMA reflects a solid underlying bullishness.

RSI Indicator: The RSI slope enters the overbought territory after struggling to surpass the 70% mark. Moreover, the 14-day SMA is at the edge of the overbought territory.

MACD Indicator: The MACD and signal lines continue the uptrend after avoiding a bearish crossover. Hence, the indicator gives a bullish signal.

In a nutshell, the MINA technical analysis gives a buy signal as the uptrend is ready to approach $5.
<h2>Upcoming Trend </h2>
MINA coin price sustaining above the $3 mark increases the chances of an uptrend approaching the $5 mark. Moreover, if the buyers regain trend control, a breakout of $5 can help create new ATH above $6.

Support Levels: $3 and $2.60

Resistance Levels: $5 and $6

MINA Technical Analysis: Sustenance Above $3 Toys $5 Breakout

MINA coin price survives the selling observed yesterday and sustains above the $3 mark. Will bulls retain trend control to reach $5?

Vikram is a technical analyst with several years of experience in the crypto market &amp; Indian Equity and F&amp;O Segment. He loves to learn anything and everything related to finance. He possesses strong technical and analytical skills, which he leverages to acquaint our audience with upcoming price trends for different coins.

MINA Technical Analysis: Sustenance Above $3 Toys $5 Breakout

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