The MINU asset is displaying bearish characteristicsThe MINU price action shows that in the battle of buyers and sellers, the momentum seemed to be in the bulls' favor earlier, as the price jumped from the $0.006000 demand level to the $0.014600 supply level.
However, the MINU crypto demonstrated a decline as the price sank from a vital supply level of around $0.014600 on the chart, due to the momentum shift from bull to bear.
Presently, the crypto is near the demand level and could show a rising potential from the current level, if the buyer's interest increases in the token. On observing the indicators of the MINU crypto, it appears as if it can deteriorate more after this fall, as it has met the resistance level and could dive to new lows from the current support zone.
The MINU asset is displaying bearishness and falling tendency as it plunges below major trend EMA's, reliant on the sellers' surge could drop more.
The MINU asset is displaying bearish characteristics as MACD shows a bearish crossover, with a broad histogram and the RSI is falling smoothly after taking rejection from 14-SMA, implying that the MINU asset is losing momentum and can achieve new depths.
The MINU asset is expressing bearish behavior and shows that it has the opportunity to fall further. It has attained bad performance in the last week, and month, by -18.91%, and -23.10% respectively, implying a stable downward direction.
At press time, the MINU crypto is experiencing a surge of 1.96% in the last 24 hours and is currently trading at $0.006880.
Therefore, if the MINU crypto price fails to stay above the $0.00600 level, it could decline further. However, if the demand for the MINU surges high, the asset price could bounce back from the current level. The next target it could rally for the price is to reach $0.01000, and $0.014000 price levels.
