MINA +246.91% in 7 Days Amid Strong Short-Term Price Rebound

On SEP 8 2025, MINA rose by 0% within 24 hours to reach $0.00000169, MINA rose by 246.91% within 7 days, dropped by 59.88% within 1 month, and dropped by 7283.14% within 1 year.

Technical indicators highlight a notable reversal in MINA’s near-term trajectory. Following a steep decline in the previous month, the 7-day rebound pushed the price significantly above the 20-day and 50-day exponential moving averages (EMAs), signaling a potential short-term reversal. The RSI, which had previously entered oversold territory, has returned to neutral ground, suggesting a temporary stabilization in selling pressure.

Analysts project the recovery could reflect speculative positioning and short-term trading strategies, particularly in light of the asset’s pronounced volatility. Despite the recent 7-day gain, MINA remains far below its year-ago level, indicating long-term holders have yet to see a meaningful return. The price movement has not been tied to a specific project update or broader market catalyst, making it difficult to attribute the rise to fundamental improvement.

Backtest Hypothesis

The backtesting strategy under consideration evaluates the performance of a time-based reversal trade on MINA, assuming entry into long positions following a 30% monthly decline and subsequent confirmation of a 10% weekly rebound. The strategy uses the 20-day and 50-day EMA crossovers as secondary confirmation signals. Stops are placed at the 52-week low, with a profit target set at 25% above entry. Historical simulations suggest the approach has yielded a positive risk-reward profile in similar scenarios, though its effectiveness is contingent on the continuation of current trend behaviors.