Market Overview: Mina (MINAUSDT) – August 26, 2025

• Mina (MINAUSDT) opened at $0.1795 and closed at $0.1736 over the past 24 hours.
• Price experienced a sharp decline to $0.1715 before consolidating in the later hours.
• A bearish divergence in RSI suggests weakening momentum amid increasing volume.
• Key support now appears at $0.1735, while resistance is near $0.1760.
• Volatility expanded midday before narrowing again in the final hours.

Mina (MINAUSDT) opened at $0.1795 on August 25 at 12:00 ET and closed at $0.1736 on August 26 at the same time. The price reached a high of $0.1809 and a low of $0.1691 during the 24-hour window. Total volume amounted to 18,390,220.3, while notional turnover stood at approximately $3,152,171.

Structure & Formations

The price of Mina (MINAUSDT) formed a bearish continuation pattern with a sharp decline from $0.1809 to as low as $0.1715. A notable bearish engulfing pattern appeared on the early hours of August 26, confirming a shift in sentiment. A key support level is forming around $0.1735, while resistance remains at $0.1760, where the price has previously struggled to break out.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages remained bearish, with the price consistently below both lines. This indicates a continuation of downward momentum. On the daily chart, the 50/100/200 MA lines are all sloping downward, suggesting the asset remains in a broader bear trend. A break above the 50-period MA on the 15-minute chart may signal a short-term reversal.

MACD & RSI

The MACD showed a bearish crossover with the signal line, reinforcing the downward trend. The RSI declined from overbought levels in the early hours to oversold territory near 30, suggesting a potential near-term bounce. However, a bearish divergence in the RSI—where the price continues to fall despite the RSI not making lower lows—indicates that bullish momentum is weakening.

Bollinger Bands

Volatility expanded significantly between 16:30–20:00 ET as the price moved toward the lower band of the Bollinger Bands. Price action remained within the bands for most of the session, with a brief excursion near the lower band signaling potential oversold conditions. A sustained close above the upper band would indicate a strong reversal.

Volume & Turnover

Volume spiked during the early part of the session, with a large candle at $0.1760 showing increased selling pressure. The total volume and turnover are aligned with the bearish price movement, indicating conviction in the selloff. However, a decline in volume in the final hours suggests weakening bearish momentum.

Fibonacci Retracements

Fibonacci retracements drawn from the high of $0.1809 to the low of $0.1691 show key levels at 38.2% ($0.1757) and 61.8% ($0.1735). Price has tested the 61.8% level multiple times, with $0.1735 now acting as a potential support and possible pivot point. A break below this level could extend the decline to $0.1715 again.

Mina appears to have entered a period of consolidation after a sharp bearish move. A short-term bounce is possible if price holds above $0.1735, but risks remain if the support is breached. Investors should watch for confirmation above $0.1757 for any meaningful reversal, but bearish momentum remains intact for now.