$MIRA Market Snapshot | Calm Before the Next Move?
@MIRA is currently trading near 0.1367 USDT, showing signs of stabilization after a prolonged downtrend. On the daily timeframe, price action suggests that selling pressure has slowed, with MIRA holding above the recent local low around 0.1120. This zone is acting as a short-term demand area where buyers are gradually stepping back in.
The moving averages still reflect a bearish structure, as price remains below the MA(25) and MA(99). However, the MA(7) is starting to flatten, which often appears during consolidation phases. This behavior hints that the market may be preparing for a directional move rather than continuing a sharp decline.
Volume remains relatively moderate, indicating that panic selling has faded. This type of low-volatility environment usually favors patient traders who wait for confirmation rather than chasing price. A clean hold above 0.13 could open the door for a slow recovery toward the 0.145–0.155 resistance range, where sellers may become active again.
On the downside, losing the 0.13 support could expose MIRA to another test of the 0.12 zone, which is a key level to watch for risk management. As long as price stays above this base, the structure suggests accumulation rather than distribution.
Overall, MIRA appears to be in a transition phase — not bullish yet, but no longer aggressively bearish. Smart traders will watch for volume expansion and a daily close above resistance before expecting stronger upside momentum.
📌 This analysis is for educational purposes only and not financial advice.
If you enjoy clear, honest market insights, follow me on for daily crypto updates
$MIRA $XRP #Mira #MarketRebound #StrategyBTCPurchase