MINA Surges 281.12% in 24 Hours Amid Technical Breakout and Short-Term Reversal Signals

On SEP 2 2025, MINA rose by 281.12% within 24 hours to reach $0.1715, MINA dropped by 493.37% within 7 days, dropped by 55.49% within 1 month, and dropped by 6879.14% within 1 year.

Technical indicators suggest a sharp reversal in MINA's price trajectory after the 24-hour surge. A breakdown in the 200-day moving average and a bearish RSI crossover above 70 signal potential exhaustion in the short-term rally. The asset has also breached a key Fibonacci retracement level that had previously acted as resistance, raising questions about the sustainability of the upward trend.

Analysts project a continuation of bearish momentum in the near term based on historical volatility patterns and the absence of significant on-chain activity that could support a reversal. However, the sharp 24-hour gain has triggered speculative interest, particularly in automated trading strategies that seek to capture momentum before correction.