【$MINA Signal】Empty position + decline accompanied by abnormal open interest
$MINA The price is falling while open interest remains high, and market logic suggests caution for potential main force distribution or liquidation risks. Currently, there is no clear support structure on the chart, and the price action indicates selling pressure dominance, making contrarian trading inadvisable.
🎯 Direction: Empty position
Wait until the price forms a clear absorption structure or reversal pattern at a lower level before reassessing. The current market structure is unclear, and the risks outweigh the opportunities.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
【$MINA Signal】Empty position + decline accompanied by abnormal open interest
$MINA The price is falling while open interest remains high, and market logic suggests caution for potential main force distribution or liquidation risks. Currently, there is no clear support structure on the chart, and the price action indicates selling pressure dominance, making contrarian trading inadvisable.
🎯 Direction: Empty position
Wait until the price forms a clear absorption structure or reversal pattern at a lower level before reassessing. The current market structure is unclear, and the risks outweigh the opportunities.
Trade here 👇 $MINA
---
Follow me: Get more real-time analysis and insights into the crypto market!
#Gate广场创作者新春激励 #贵金属行情下跌 #GateLive直播挖矿公测开启 #加密市场回调