$MITO /USDT BEARISH MOVE LIKELY AFTER WEAK BOUNCE
Price action on the 15m chart shows $MITO struggling to hold recovery momentum after bouncing from the 0.2005 low. Current rejection near 0.210 indicates sellers are still in control, and the pair may continue to push lower if no strong breakout occurs.
Trade Setup (Short):
Entry: 0.210 – 0.214 zone
Targets:
TP1: 0.205
TP2: 0.200
TP3: 0.190 (extended)
Stop Loss: 0.222
Market Outlook:
Despite the +25% daily gain, the structure remains weak in the short term as the price struggles below resistance levels. Bears are likely to retest support levels unless a clean breakout above 0.222 is confirmed. Watch momentum closely; another failure to hold above 0.210 may accelerate downside pressure.
#Crypto #MITO #USDT #TradingSetup #Binance
buy and trade here on $MITO