$MITO or $BNB for the next leg? Only one.
I’m taking $BNB . Sorry, MITO bulls. 🩸
$MITO is at $0.0101, down 22.48% in 24h, with $9.87M traded. The 4h move is even uglier at -23.1%, while price sits below both the 20d and 50d averages.
Oversold? Yes. RSI(14) is 29. But longs are still paying funding, and volume is only 0.5x the 20d average. That’s not strong dip buying, that’s weak hands getting trapped. ⚠️
At $0.0100, I want a reclaim before giving MITO any respect. Until then, BNB has the cleaner chart and deeper liquidity.
Pick your side. 📉
#MITO #Binance
I’m taking $BNB . Sorry, MITO bulls. 🩸
$MITO is at $0.0101, down 22.48% in 24h, with $9.87M traded. The 4h move is even uglier at -23.1%, while price sits below both the 20d and 50d averages.
Oversold? Yes. RSI(14) is 29. But longs are still paying funding, and volume is only 0.5x the 20d average. That’s not strong dip buying, that’s weak hands getting trapped. ⚠️
At $0.0100, I want a reclaim before giving MITO any respect. Until then, BNB has the cleaner chart and deeper liquidity.
Pick your side. 📉
#MITO #Binance