$MIRA
/USDC BULLISH CONSOLIDATION SETUP ABOVE SUPPORT
MIRA is forming a constructive higher-low structure after a modest pullback, holding above key support levels. The price action indicates accumulation, with buyers defending structure and preparing for potential continuation toward recent highs.
Parabolic SAR beneath price and short-term moving averages in bullish alignment confirm trend support. Volume during consolidation shows healthy absorption on dips, signaling that downside pressure is weakening while momentum gradually rebuilds.
Volatility contraction near recent highs suggests energy is accumulating for the next upward move. A sustained hold above support strengthens the case for bullish continuation.
LONG SETUP
Entry Zone: Pullback into short-term support / consolidation base
Stop Loss: Below the higher low and structure invalidation
Targets:
TP1 – Retest of recent swing high
TP2 – Breakout into next resistance level
TP3 – Measured move projection from prior impulse leg
Bullish continuation remains favored while structure holds and momentum expands on upward moves. Breakdown below support shifts bias toward range-bound behavior.
RISK MANAGEMENT
Risk 1–2% per trade. Take partial profits at TP1 and trail stop to protect gains. Focus on structured pullback entries and avoid chasing extended candles.
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