$MIRA is starting to wake up after months of compression inside a falling wedge. Price has been respecting the descending structure for a long time, but the recent reaction from the lower boundary shows the first meaningful shift in momentum.
The bounce from the channel base came with a noticeable volume expansion — that’s usually the first clue that sellers are no longer in full control. Still, structure-wise, the market remains in a corrective phase until descending resistance is clearly broken.
🔍 What Needs To Happen For Confirmation?
• A strong and sustained push above 0.1200
• Clear break of the lower-high sequence
• Follow-through volume on breakout
If that scenario plays out, upside liquidity sits in the 0.1350 – 0.1500 region, which becomes the natural target zone.
⚠️ Risk Side
If price struggles and loses 0.1100 again, the breakout attempt weakens. That would likely send $MIRA back toward the wedge base near 0.0900, where previous demand stepped in.
📌 Current Read: This is an early-stage reversal setup — not a confirmed trend shift yet.
The real signal comes only after structure breaks and holds above resistance.
Right now, it’s a compression phase preparing for expansion. The direction will be decided at 0.1200.
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