Market Overview for Mina (MINAUSDT) – August 18, 2025

Generated by AI AgentAinvest Crypto Technical Radar
Monday, Aug 18, 2025 6:06 pm ET1min read
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Aime RobotAime Summary

- Mina (MINAUSDT) fell 6.8% in 24 hours, breaking below $0.196 support with bearish engulfing patterns and a 20-period low at $0.1835.

- MACD remained negative while RSI hit oversold levels (28–30), signaling potential short-term bounce but diverging momentum suggests continued weakness.

- Volume spiked during key breakdowns at $0.196 and $0.186, but consolidation phase saw weaker turnover, hinting at bearish exhaustion near $0.185.

- Fibonacci analysis highlights $0.186 (78.6% retracement) as critical support, with further downside risks to $0.182 if $0.184 breaks amid expanding volatility.

• Price dropped 6.8% in 24 hours, breaking below key support at $0.196.
• High volatility and diverging price-volume dynamics suggest short-term uncertainty.
• MACD and RSI signal bearish momentum, with price near 0.185–0.186 psychological support.

Mina (MINAUSDT) opened at $0.1991 on August 17, hitting a high of $0.2003 and a low of $0.1835 before closing at $0.1869 by 12:00 ET on August 18. Total volume reached 7.17 million MINA, with $1.35 million in notional turnover over 24 hours.

Structure & Formations


Price action showed a sharp breakdown below key support at $0.196, confirmed by a bearish engulfing pattern at the $0.195 level. A second wave of selling followed into the $0.186 level, forming a potential base in the $0.185–0.186 range. The 20-period low is now at $0.1835, with a minor support forming at $0.185.

Moving Averages


Short-term momentum appears bearish, with the 15-minute 20-period MA under the 50-period MA, indicating a potential continuation of the decline. On the daily chart, the 50-period MA may act as a dynamic resistance if the price attempts a recovery.

MACD & RSI


The MACD turned negative and remained bearish through the period, confirming the downward drift. RSI is now in oversold territory (around 28–30), which may signal a short-term bounce. However, RSI divergence with price suggests caution—momentum appears to be accelerating lower rather than stabilizing.

Bollinger Bands


Volatility expanded significantly during the sell-off into the $0.186 range, with price trading near the lower band for several hours. A contraction in
Bollinger
width is now emerging, suggesting potential for a break after consolidation.

Volume & Turnover


Volume surged during the breakdown below $0.196 and again at the $0.186 level, validating the move. However, turnover during the consolidation phase was weaker, hinting at potential exhaustion in the bearish wave. A divergence between volume and price near the $0.185 level may signal a near-term bottom.

Fibonacci Retracements


Fib levels from the $0.196–0.2003 swing suggest a 61.8% retracement at $0.1925, which now acts as a critical near-term support. Price is currently near the 78.6% level ($0.186), with further bearish moves potentially targeting $0.183–0.184.

Mina appears to be in a short-term bearish phase, with key support levels under test. While a rebound near $0.185 could offer a tactical entry, a break below $0.184 may open the door to further downside into $0.182. Investors should remain cautious of increased volatility if volume picks up again near key Fib levels.