Market Overview for Mina (MINATRY) on 2025-08-27

• Mina (MINATRY) broke above a 7.38–7.42 key resistance cluster during late-night trading.
• Price momentum accelerated with bullish divergence in RSI and rising volume in the 4 AM–9 AM ET window.
• Bollinger Bands tightened before the 7.40–7.48 breakout, suggesting a potential continuation of upward momentum.
• On-balance volume surged past 400,000 over the last 12 hours, confirming price strength.
• Fibonacci retracements suggest 7.32 as immediate support, with 7.50 next resistance.

Mina (MINATRY) opened at $7.21 on 2025-08-26 12:00 ET, peaked at $7.48, touched a low of $7.27, and closed at $7.38 on 2025-08-27 12:00 ET. Total volume reached 1.67 million units, and notional turnover came to approximately $12.4 million over the 24-hour window.

Structure & Formations

Price carved out a bullish continuation pattern with a key breakout above the 7.38–7.42 cluster. A bullish engulfing candle at 7:45 AM ET confirmed the breakout, while a long upper shadow at 8:15 AM ET signaled initial rejection at 7.30–7.35 before a retest and subsequent close above the level. The 7.32–7.38 range now appears to be a short-term support cluster, with 7.32 being a critical Fibonacci retracement level from the prior 7.27–7.48 move.

Moving Averages

On the 15-minute chart, price closed above both the 20- and 50-period EMAs, confirming a short-term bullish bias. The 50-period line is rising, aligning with price direction. On the daily chart, price is above the 50- and 100-period EMAs, though the 200-period line remains a psychological level to watch in the medium term.

MACD & RSI

The MACD crossed above the zero line at 5:30 AM ET with a positive histogram, indicating a strong bullish divergence from prior bearish momentum. RSI bottomed at 30 during the 2:00–5:00 AM ET consolidation and peaked at 72 by 10:30 AM ET, suggesting rising momentum but not yet overbought conditions. RSI remains in the 50–70 range, suggesting sustained buying pressure.

Bollinger Bands

Bollinger Bands narrowed significantly from 4:00–8:00 AM ET before the breakout above the upper band. The 7.48 high occurred when price touched the upper band, indicating a probable continuation of the trend. Price has remained within the bands since, but the upper boundary at 7.50 may be the next test.

Volume & Turnover

Volume surged past 70,000 units at key moments during the 5:00–9:00 AM ET window, with notional turnover peaking at over $540,000 during the 7:45–8:45 AM ET rally. Notably, volume confirmed the bullish breakout, as volume was higher on the up days than during the pullbacks. A divergence between price and volume has not been observed, supporting the strength of the move.

Fibonacci Retracements

Applying Fibonacci to the 7.27–7.48 swing, the 61.8% level is at 7.38, where the price has found immediate support. The 75% level at 7.41 has also been tested and held, reinforcing the significance of 7.38 as a potential pivot for further moves. A break above 7.50 could target the 7.58–7.63 zone.

Mina (MINATRY) may continue its upward trajectory into the next 24 hours if it maintains above 7.38 and holds the 7.32–7.38 range. A close below 7.32 could trigger a short-term pullback toward 7.27, though the 7.32 level appears robust. Investors should monitor volume and RSI divergence as key signals for potential shifts in momentum.