Evening Traders,
Today’s analysis – MIRUSDT 0 trading at a key Daily S/R where holding this level is deemed bullish,
Points to consider,
- Price Action Impulsive
- Daily S/R Support
- Range High Resistance
- Low Volume
MIRUSDT’s immediate price action is trading at a key level where holding this support allows for a bullish bias.
The range high is the immediate objective, exceeding this level will lead to a trend continuation.
The current volume profile is below average, an influx is highly imminent when testing a key trade location.
Overall, in my opinion, MIRUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“Sometimes the best trade is no trade.” – Anonymous