MIAX is building a new base for trend continuation

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MIAX is building a new base for trend continuationMiami International Holdings, Inc.BATS:MIAXInvestWorld_777After a strong impulsive rally, the stock entered a correction phase while continuing to hold above the key 46-44 support zone. The current structure appears to be an accumulation phase before another bullish move. The trading plan is to consider long positions while price remains above 46-44 with potential upside toward 60 and later 73. The bullish scenario becomes invalid below 41. From a technical perspective, price continues to trade above medium-term moving averages while the correction remains inside a broader bullish structure. The chart continues to form higher lows, signaling that buyers remain in control. Holding support together with recovering volume could become a trigger for the next upside impulse. Fundamentally, the company remains an interesting growth story within the financial technology sector. Expansion of trading platforms, rising activity in capital markets and increasing demand for digital infrastructure continue to support long-term business prospects. Additional momentum comes from the overall growth in fintech and electronic exchange services. As long as price holds above key support, the bullish trend remains the primary scenario.