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? Key technical points: MINA prices have increased by 4.57% in the past 24 hours. In addition, the RSI slope enters the overbought territory. Finally, the 24-hour trading volume of MINA is $244.35 Million, marking a 35% rise. Past Performance of MINA 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. Source-Tradingview MINA Technical Analysis 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...