Bullish scenario:
Mina Protocol will complete the right shoulder if the price reaches $3.17. This will form an inverted head and shoulder pattern with a price target of $6.46.
Bearish:
Rejection at the neck line ($3.17) will likely send the price back down to the next support line at $2.13.
Mina Protocol will complete the right shoulder if the price reaches $3.17. This will form an inverted head and shoulder pattern with a price target of $6.46.
Bearish:
Rejection at the neck line ($3.17) will likely send the price back down to the next support line at $2.13.