$MITO /USDT BULLISH LONG SETUP

Technical Analysis:

MITO has shown strong momentum with a sharp gain of over 25%. The price is consolidating above the lower Bollinger Band (0.2092) and attempting to reclaim the mid-band (0.2171). A breakout above resistance levels near 0.2250 could trigger another upward leg, supported by strong trading volume.

Entry (Long): On confirmation above 0.2170–0.2200 zone.

Targets (TP):

TP1: 0.2280

TP2: 0.2356

TP3: 0.2432

Stop Loss (SL): Below 0.2050

Risk Management: Risk only 2–5% of capital per trade; adjust position size to maintain favorable risk-to-reward ratio.

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