Current Market Situation & Ecosystem Catalysts
Right now, MINA is trading against USDT at around $0.09486, down about 1.70% over the past 24 hours. Looking at the 4-hour chart, the technical picture is leaning bearish to neutral. The RSI is hovering near 35.85, which puts it just above oversold territory—suggesting that selling pressure might be starting to ease up. The MACD tells a similar story: the histogram is barely positive, while both the MACD line and signal line are sitting in negative space (around -0.00186 and -0.00188 respectively). What this means is that while the recent downtrend is still in play, it’s showing early signs of losing steam.
When we zoom out a bit, the price is trading below both its 4-hour Simple Moving Average (roughly $0.09921) and Exponential Moving Average (about $0.09842), which creates a resistance ceiling overhead. The daily pivot points paint a similar picture: the main pivot sits near $0.09470, with resistance levels stacking up at $0.09580, $0.09660, and $0.09770. On the downside, support levels are positioned at $0.09390, $0.09280, and $0.09200.
Beyond the charts, there’s something important brewing on the governance front. MINA holders are gearing up for a crucial on-chain vote for the Mesa Upgrade, scheduled to run from December 8th through the 15th, 2025. This vote covers four improvement proposals—MIP-6 through MIP-9—that are designed to boost network throughput, increase state and zkApp action limits, and make zkApp updates more flexible. There’s also a community call planned for December 8th to walk through the upgrade details, which could shake things up and inject some volatility in either direction.
Price Prediction Scenarios Based on Technical Indicators
Bullish Reversal Scenario
If MINA can push above its 4-hour EMA at $0.09842 and then clear the SMA at $0.09921, we’d be looking at a potential short-term breakout. Getting past the psychological $0.100 level and holding there would be even better—opening up resistance zones around $0.105 to $0.110. Some recent forecasting models suggest MINA could climb toward the $0.107 to $0.1119 range by early January 2026, assuming the broader market stays relatively stable and sentiment improves. In this scenario, key support would be around the $0.09041 to $0.09438 zone, which would need to hold on any pullbacks.
Bearish Continuation Scenario
On the flip side, if those resistance levels keep holding strong and MINA can’t break through the moving average cluster, we could see the downtrend pick back up. With the RSI sitting near 35, there’s a real chance we could test the lower support levels. A drop below the $0.09390 pivot support would likely point toward $0.09280 and then $0.09200 as the next targets. If things really deteriorate, we might even see prices dip slightly below $0.090, especially if the broader crypto market weakens or if the Mesa vote creates uncertainty without clear direction.
Outlook & Key Triggers
The Mesa Upgrade vote is really the main event to watch here. If the proposals pass with solid community backing, it could spark renewed interest from buyers—particularly developers and institutional players who are focused on zero-knowledge applications and privacy features. But if the vote turns contentious or the outcome remains unclear, it could amplify volatility or slow down adoption, which would likely weigh on the price.
Keeping an eye on volume and sentiment will be crucial. We’d want to see the RSI climb back above 50, increasing volume on breakout attempts, and daily closes above $0.100 to feel confident about a bullish move. On the bearish side, watch for daily closes below those support levels as an early warning signal. The key resistance zone to clear is $0.100 to $0.110, while the support area to monitor is $0.09200 to $0.09400.
All things considered, MINA’s near to mid-term price action looks likely to stay within a range of roughly $0.090 to $0.110, with a slight bias to the upside if the protocol improvements and governance outcomes land favorably.
