Mind Medicine (MindMed) Inc. (MNMD) Advances Psychedelic DrugsMind Medicine (MindMed) Inc. (MNMD) is a clinical-stage biopharmaceutical company developing psychedelic-inspired medicines to treat brain health disorders such as anxiety, depression, and addiction. By combining neuroscience, digital biomarkers, and precision dosing, MindMed aims to redefine mental health treatment. The company’s growth is fueled by clinical trial progress, growing acceptance of psychedelic therapies, and rising global demand for innovative psychiatric care solutions.
On the chart, a confirmation bar with rising volume highlights bullish sentiment. The price has entered the momentum zone after breaking above the .236 Fibonacci level. A trailing stop can be placed just below this Fibonacci mark using the Fibonacci snap tool, helping traders secure profits while leaving room for continued upside potential.
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MNMD – MindMed | Bullish Setup in Psychedelic Biotech SectorMind Medicine Inc. NASDAQ:MNMD is emerging as a key player in the psychedelic-inspired therapeutics space, developing next-gen treatments for mental health and neurological disorders such as anxiety and addiction.
🔬 Clinical Highlights
Lead candidate MM120 (a refined LSD formulation) is in three pivotal Phase 3 trials targeting GAD (Generalized Anxiety Disorder) and MDD (Major Depressive Disorder).
Strong Phase 2b efficacy data backs the current trial progress.
Cash runway through 2027 supports continued development without immediate capital pressure.
⚖️ Regulatory & Social Momentum
Growing bipartisan political support—notably from U.S. lawmakers pushing for veteran access to psychedelic therapy.
Institutional backing and changing public perception could accelerate regulatory approval and market entry.
🧩 Strategic Execution
New leadership: Brandi Roberts (CFO) and Matt Wiley (CCO) add commercial expertise.
Equity grants and talent acquisition efforts signal serious intent to scale operations for potential commercialization.
📈 Technical View
Bullish bias above $9.50–$10.00
Target range: $14.00–$15.00
MNMD is aligning technical setup with strong fundamental and macro tailwinds. This makes it a name to watch closely in the psychedelic biotech space.
MNMD bulls looking to take out key resistanceMNMD solid move back towards thd $10 range. Key resitstance tomorrow will be the daily lower high from Monday as bulls have regrouped after the rejection from 10.49 and look to want to break through this long term area of resistance once and for all. Hourly uptrend will be my guide as to knowing when this move has topped out.
I publish regular technical analysis of the psychedelic sector. Be sure to like and follow to not miss an important update!
MNMD at a crucial point in the longer term chartsMNMD quickly sets the daily higher low and pokes above $10, but then faded for the last three hours of the day. Red flag? Not yet - Here's what I'm looking for into tomorrow to ensure the short term chart remains healthy, which is crucial given where we are on the long term charts at the moment.
I publish regular technical analysis of the psychedelic sector. Be sure to like and follow to not miss an important update!
MNMD daily consolidation underwayGap down open starts daily consolidation, bulls are still closing above EMA12 on the daily and I want to see this remain the case. 9.55 is a pretty key short term support, I don't want to see price action lower than this, as that opens up the door to more signification consolidation which is less than ideal after breaking then rejecting hard from a monthly resistance.
MNMD finally gets the $10 closeBig weekly bull break today without a lot of followthrough. Should we be concerned? I'll take you through the chart history to look at MNMD past bull breaks as well as a spot on the daily timeframe I think is similar to the one we're in now, to see how it plays out. Hourly uptrend remains our guide.
MNMD bulls buy the dip off the daily EMA12MNMD bulls buy the dip off the daily EMA12 and continue marching towards resistance. Declining volume on the daily timeframe approaching resistance, so hourly uptrend will be our guide for the rest of the week. Hourly chart however does have increasing bull volume which could be an early clue.
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MNMD bulls bounce hard after earnings reportCongrats to the MNMD dip buyers with a 25% bounce from the lows! Here's what I'm watching for to gauge if the bounce topped out, and what we can expect when it eventually does top out.
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MNMD Weekly consolidation underway. What will earnings do?MNMD has started weekly consolidation by 2c right as ATAI and possibly CMPS end their weekly consolidations. Earnings after hours tonight had no real effect on the charts, so here are the levels I'm looking at into tomorrow. Click to watch the free video for more details
I provider regular chart analysis of the psychedelics sector. Be sure to Like and Follow, and Subscribe to future updates so you don't miss a post!
Support: 8.94, 8.79
Resistance: 9.40, 9.44
MNMD healthy sideways consolidationNASDAQ:MNMD very healthy sideways consolidation after a 54% surge over the last 4 weeks. 4hr downtrend is our guide and lower lows aren't seeing much followthrough, giving clues there may be a daily bullflag pattern shaping up. EARNINGS THIS WEEK!
Support: 9.53, 9.37
Resistance: 9.79, 9.82, 10.09
I post regular analysis of the psychedelics sector, please like and follow to make sure you don't miss my next update!
MNMD Daily bullflag below key resistance on monthly timeframe MNMD bulls are setting up a daily bullflag just below key monthly resistance at 10.44, the break of which would confirm the monthly trend change for the first time in the history of the chart. 10.24 key short term resistance to confirm the bull flag.
Support: 9.50, 9.00, 8.79, 8.51, 8.43
Resistance: 10.24, 10.44, 10.47, 11.00, 11.22
MNMD bulls continue very impressive upwardss marchBulls close at high of day, continuing a very strong two week bull move to confirm the weekly uptrend and continue to march towards key Monthly resistance at 10.44. We won't be surprised for daily consolidation when it comes but for now the hourly uptrend is our guide and the daily chart is riding a very fast moving EMA5.
Resistances Weekly 200ma, 10.44
Supports 8.43 (short term), 6.40 on daily
MNMD on the cusp of a lower volume nodeMNMD closed July 8th with the most bullish candle since May 19th, finally giving us a convining break of the daily equilibrium, and resulting in a gap up and run this morning with another solid day up over 3%. Today's high rejected from the top of the current high volume node mentioned in my weekend video (7.80), above this there isn't much resistance until the weekly resistance doubletop at 8.21. Hourly RSI is entering into typical pullback areas over the last 6 months so we will be watching the hourly uptrend for clues on pullbacks if we are seeing healthy hourly consolidation or looking for a daily consolidation.
Anticipating MNMD bull break, but large overhead supply remainsMNMD is looking good on the daily chart for a bull break from it's currently daily equilibrium, but it still remains far from it's weekly and monthly resistance levels that ATAI has already cleared. I do anticipate MNMD to benefit from the GO signal from ATAI but the additional overhead supply may remain an obstacle until we get through it, either through grinding price action or a news catalyst specific to MNMD.
Entry: 6.77
Stop loss: 6.27
MNMDI have owned this stock for along time and hardly ever check up, I bought last year in 2024 and still looks pretty solid around this range I avg'd in at, Its a weird play and the future is in the hands of the American government and regulations around psychedelic therapy
News:
Executive Changes
In May 2025, MindMed appointed Brandi Roberts, CPA, as Chief Financial Officer
Upcoming Event
MindMed is scheduled to participate in the Jefferies Global Healthcare Conference on June 5, 2025, and will hold its Annual General and Special Meeting of Shareholders on June 12, 2025.
MNMD - still bullish, but anything could happen NASDAQ:MNMD hoping the daily keeps these tweezer bottom wicks and sustains the momentum with a cross of the 18 ema (yellow line) over the 200 ma (white dotted) for a continuation. Please feel free to comment with any bearish signs I might be missing, it’s always appreciated. I want to be right with my money, and confirmation bias isn’t how I plan to achieve that. Hopefully the picture shows up again.
MNMD to possibly form an inverted head and shoulders I’m on mobile and am new to publishing, so apologies if I’m not doing this right. I also can’t figure out how to add a photo. But anyway, the daily looks to be forming an inverted head and shoulders as it reclaims the vwap. I’m looking for maybe a re-test of the vwap before finishing the formation. AMEX:SPY NASDAQ:MNMD
A 51% upside trade idea watchlist add before we moon!NASDAQ:MNMD
Inverse H&S
$10.44 BREAKOUT =🎯$12.25🎯$15.60
Called this one out a few months ago and how RFK Jr. would send the Psychedelic's Stock flying...He did just that after his inauguration. It could keep flying now with momentum!
Not financial advice
MNMD LONGBreakout, CHoCH, volume supporting the move, 20.82 target, march Opex expiration. nothing big, I like the setup. why are we running tho??
The confirmation of Robert F. Kennedy Jr. as the head of the U.S. Department of Health and Human Services could have a positive impact on biotech stocks, particularly in the psychedelic space. RFK Jr.'s support for mental health treatments using psychedelics like those being developed by Mind Medicine (MNMD) aligns with a potential shift in policy towards chronic disease prevention and alternative therapies. Analysts believe this could boost biotech companies focused on psychedelics, such as MNMD, which saw a slight uptick in stock following his confirmation.






















