everyonea new gem just woke up 🔥
$MITO has been on my radar since this morning I had the setup ready early but volume was too thin so I refused to force it
then the move finally came price ripped from the range straight up to 0.0342 on a massive volume spike nothing like the rest of the day
now RSI is sitting extremely stretched near 89 which tells me buyers are exhausted short term even though the trend is clearly strong
I am not chasing this green candle I am waiting for the pullback because that is where my actual setup triggers
here is the part most people miss after a move like this shorts start piling in if volume stays elevated while those shorts build up they can become the fuel for the next leg up not the top
staying patient letting the chart confirm before I risk anything
are you chasing $MITO
right now or waiting for the retrace like me 🎯
$MITO has been on my radar since this morning I had the setup ready early but volume was too thin so I refused to force it
then the move finally came price ripped from the range straight up to 0.0342 on a massive volume spike nothing like the rest of the day
now RSI is sitting extremely stretched near 89 which tells me buyers are exhausted short term even though the trend is clearly strong
I am not chasing this green candle I am waiting for the pullback because that is where my actual setup triggers
here is the part most people miss after a move like this shorts start piling in if volume stays elevated while those shorts build up they can become the fuel for the next leg up not the top
staying patient letting the chart confirm before I risk anything
are you chasing $MITO
right now or waiting for the retrace like me 🎯