MIRAUSDT.P short setup from daily support at 0.5414

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MIRAUSDT.P is at its all-time low.
Against the backdrop of a positive market, the asset just stayed in consolidation, not even attempting to rally, which indicates its relative weakness.
Therefore, I am expecting a short from the clear and confirmed level of 0.5414.
Recently, a false breakout occurred, but there is still no proper reaction to it. Usually, the market reacts with a bounce, which would indicate the level is being defended. Instead, I'm seeing only a weak pullback and continued consolidation right above the level, which suggests a higher probability of a breakdown.

Key factors for this scenario:

• Global & local trend alignment
  
• Price void / low liquidity zone beyond level
  
• Asset decoupled from the market (relative strength/weakness vs. BTC)
  
• Volatility contraction on approach
  
• Prolonged consolidation
  

Factors that contradict this scenario:

• Closing far from the level
  

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16 godzin temu

Transakcja zamknięta: osiągnięto wyznaczony cel

Made a 10-to-1 move.