MITO is hovering just below the 0.0248 level, the next move could flip the short bias. Volume spikes hint the downtrend is primed.
๐ด $MITO SHORT ๐
Entry โ $0.028182-$0.028238
Stop โ $0.029056 (-3.0%)
TP1 โ $0.027787 (+1.5%)
TP2 โ $0.026799 (+5.0%)
R/R 1:1.7 โข Confidence 64%
The CHoCH broke the prior swing low, while the CVD turned negative confirming sell pressure. An FVG aligns with the OB at 0.0245, creating a POI confluence, and a liquidity sweep took out the 0.0252 order block. Structure now shows a descending channel, making the short target realistic.
A 3.0% stop is relatively tight, so 5x leverage keeps margin safe.
Take half profit around the first target at 0.0225.
DYOR โ this isn't financial advice, size your risk accordingly ๐
$MITO #MITOUSDT #SMC #TradingSignals #Write2Earn
๐ด $MITO SHORT ๐
Entry โ $0.028182-$0.028238
Stop โ $0.029056 (-3.0%)
TP1 โ $0.027787 (+1.5%)
TP2 โ $0.026799 (+5.0%)
R/R 1:1.7 โข Confidence 64%
The CHoCH broke the prior swing low, while the CVD turned negative confirming sell pressure. An FVG aligns with the OB at 0.0245, creating a POI confluence, and a liquidity sweep took out the 0.0252 order block. Structure now shows a descending channel, making the short target realistic.
A 3.0% stop is relatively tight, so 5x leverage keeps margin safe.
Take half profit around the first target at 0.0225.
DYOR โ this isn't financial advice, size your risk accordingly ๐
$MITO #MITOUSDT #SMC #TradingSignals #Write2Earn