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MINA/USDT - Double Top Pattern ?

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MINAUSDT Perpetual Contract (BYBIT:MINAUSDT.P)  
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BYBIT:MINAUSDT.P   MINAUSDT Perpetual Contract
Trend Analysis Fundamental Analysis Beyond Technical Analysis MINAUSDT Bearish Patterns DROP Double Top neckline crypto cryptomarket
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trendanalysis fundamental beyondta minausdt bearish drop doubletop neckline crypto cryptomarket
MINA/USDT is hinting at a classic reversal pattern that we should not overlook. The potential Double Top pattern observed is a strong indicator of a possible shift from the recent uptrend to a downtrend. The neckline of this formation is yet to be broken, but if it does, it might lead to a significant price drop.

This bearish setup would be confirmed with a decisive close below the neckline, signaling that a short position could be considered. As always, a wait until a clear break is there.

Swallow Team
Comment:
snapshot

Price went for an attempt to breakdown from neckline zone but got pushed back by 200EMA (Still waiting for clean breakdown with confirmations here)
Comment:
snapshot

We will see a potential re-test to that same lower support zone which will determine the movement of MINA coin
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