$MITO Volatile Spike Followed by Sharp Pullback.....
$MITO delivered a massive intraday rally, touching $0.3000 before retracing sharply to the current $0.2061.
Despite still being up +22% on the day, the long upper wick and red candles suggest heavy profit-taking after the surge. The key now is whether MITO can stabilize above the $0.2000 zone, which has turned into immediate support.
Idea: Holding above $0.2000 may invite renewed buyers for another attempt toward higher levels. Failure to sustain could trigger deeper correction.