MINAUSDT Crash: My 10x Short Trade Wins Big Gains!Below is a concise technical breakdown of your short entry on MINAUSDT (10× leverage) at 0.6402, with price currently at 0.5202:
Momentum Shift:
The Risological Options Trading Indicator’s histogram turned decisively red and dropped below the zero line, suggesting a strong downward momentum.
Price bars on the chart also shifted from green to red, reinforcing the sell signal.
Trend Confirmation:
MINAUSDT has maintained a lower-highs, lower-lows pattern, indicating a continued bearish trend.
Once price failed to recover above resistance near 0.64, sellers accelerated, pushing it toward the 0.52 level.
Support Zones & Next Levels:
There may be minor support around 0.50–0.51, an area worth watching if momentum stalls.
A decisive break below 0.50 could open the door for further downside, possibly testing the next support region near 0.48.
Risk & Leverage Consideration:
With 10× leverage, the short move from 0.6402 down to 0.5202 is already a substantial gain—maintaining a stop-loss or trailing stop to safeguard profits is prudent.
Keep an eye on any sudden volatility spikes; leverage magnifies both profits and losses.
Indicator Reliability:
The red histogram aligns with continued selling pressure, while green bar attempts may indicate temporary pullbacks rather than full reversals, unless price closes decisively above a key resistance zone.
Overall, your short position aligns well with the indicator’s sell signal and the broader market downtrend. As always, keep monitoring volatility, set proper risk controls, and watch for potential support or trend-reversal signs if price closes above the last swing high.
