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Mina Protocol (MINA) Technical Analysis! Mina Protocol ($MINA), managed to make its investors happy with a rise of about 35% this week. Showing a performance of about 15% on Friday, November 24, 2023, $MINA tried to break the resistance again. Is a decline near for $MINA?
Mina Protocol is a cryptocurrency project that has the lightest and most accessible blockchain feature among all other blockchains.
$MINA Technical Analysis:
In the last week of October, $MINA, which spiked to the level of $0.9648 with a rise of about 140%, after clearing the liquidity in this region, made the daily closing below the $0.75 level. Then, it regressed to the $0.56 level, continuing the channel movement between these two regions.
On Friday, November 25, $MINA, which again pushed the resistance at the $0.75 level, could see a fallback to the lower band of the channel with the daily closing below this region.
With the breaking of the region, it can be expected that the price will hold in the current Order Block region of $0.79-$0.87 on the daily chart. The level to be followed as resistance above this region is at $0.95.
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