$MITO /USDT SHORT TRADE SIGNAL 🔻
$MITO has faced rejection near $0.1973 and is now showing weakness with red candles forming at the top. A potential short-term bearish reversal is in play if price fails to reclaim resistance.
Trade Setup (Short):
Entry Zone: $0.1940 – $0.1960
Target 1: $0.1900
Target 2: $0.1865
Target 3: $0.1830
Stop Loss: $0.1980
Key Levels to Watch:
Resistance: $0.1960 / $0.1980
Support: $0.1900 / $0.1830
Market Outlook:
Bears are testing momentum after rejection at highs. If price breaks below $0.1920 with volume, further downside toward $0.1830 is likely.