⚠️ $MITO — Bearish Rejection Setup
SHORT $MITO
Entry: $0.0254 – $0.0257
SL: $0.0262
🎯 Take Profit:
TP1: $0.0250
TP2: $0.0245
TP3: $0.0240
$MITO is struggling to break the $0.0260–$0.0262 resistance zone after a strong recovery. Recent upper wicks and the latest red candles suggest sellers are stepping in, creating a potential short setup if support starts to break.
🔑 Key Level: A sustained rejection below $0.0260 strengthens the bearish thesis.
⚠️ Risk Note: A move above $0.0262 invalidates the setup. Wait for confirmation and keep position sizing controlled.
Bearish bias while resistance holds. 📉
Sell and Trade $MITO here 👇
DYOR
SHORT $MITO
Entry: $0.0254 – $0.0257
SL: $0.0262
🎯 Take Profit:
TP1: $0.0250
TP2: $0.0245
TP3: $0.0240
$MITO is struggling to break the $0.0260–$0.0262 resistance zone after a strong recovery. Recent upper wicks and the latest red candles suggest sellers are stepping in, creating a potential short setup if support starts to break.
🔑 Key Level: A sustained rejection below $0.0260 strengthens the bearish thesis.
⚠️ Risk Note: A move above $0.0262 invalidates the setup. Wait for confirmation and keep position sizing controlled.
Bearish bias while resistance holds. 📉
Sell and Trade $MITO here 👇
DYOR