$MITO
🚨🚨$MITO is crashing -22% on 550M volume.. brutal liquidation, don't enter now🚨🚨
Boring consolidation at $0.0132 - $0.0136 for days on weak volume = distribution. A break below $0.0130 with a long candle from $0.0132 to $0.00906 on 550M volume is panic selling and contract liquidation, not a bottom.
Trading plan:
Don't buy now. Wait for: a hold above $0.0105 for 4 hours + buying volume > 100M. Any entry right now means getting liquidated.
Is the sell-off over? No. The next downside target is $0.0085 if $0.0100 fails.
#MİTO
#AMANDABELLA
#SpaceXAndTeslaFormCommitteesToExploreMerger
#110AutomatedWalletsGenerate99.6%OfRLUSDPayments
#EarningsSeason
🚨🚨$MITO is crashing -22% on 550M volume.. brutal liquidation, don't enter now🚨🚨
Boring consolidation at $0.0132 - $0.0136 for days on weak volume = distribution. A break below $0.0130 with a long candle from $0.0132 to $0.00906 on 550M volume is panic selling and contract liquidation, not a bottom.
Trading plan:
Don't buy now. Wait for: a hold above $0.0105 for 4 hours + buying volume > 100M. Any entry right now means getting liquidated.
Is the sell-off over? No. The next downside target is $0.0085 if $0.0100 fails.
#MİTO
#AMANDABELLA
#SpaceXAndTeslaFormCommitteesToExploreMerger
#110AutomatedWalletsGenerate99.6%OfRLUSDPayments
#EarningsSeason