MITO H1 – Pullback to Support After Testing the Short-Term High
Current price: 0.008030 USDT, up 9.25% from 24 candles earlier.
Bullish scenario: Holding the 0.00797 – 0.00803 zone and breaking above 0.00830 opens the way to 0.00853, then 0.00860.
Bearish scenario: Losing 0.00780 pulls price back to 0.00760, deeper to 0.00730.
My view: MITO just tested 0.00860 and pulled back, but the rising low structure from 0.00730 is still intact. I would rather wait for the current zone to hold than chase the previous move higher.
👇 TRADE MITO HERE 👇
$MITO
Current price: 0.008030 USDT, up 9.25% from 24 candles earlier.
Bullish scenario: Holding the 0.00797 – 0.00803 zone and breaking above 0.00830 opens the way to 0.00853, then 0.00860.
Bearish scenario: Losing 0.00780 pulls price back to 0.00760, deeper to 0.00730.
My view: MITO just tested 0.00860 and pulled back, but the rising low structure from 0.00730 is still intact. I would rather wait for the current zone to hold than chase the previous move higher.
👇 TRADE MITO HERE 👇
$MITO
