$MITO Bulls Regain Control, Eyeing Breakout Levels
$MITO is trading at 0.2157 (+15.91%), bouncing strongly from the 0.1800 low and reclaiming momentum. The chart shows a reversal attempt after prolonged consolidation, with fresh demand pushing price back above the 0.21 zone.
Long Trade Setup
Entry Zone: 0.2130 – 0.2170
Target 1 (TP1): 0.2270
Target 2 (TP2): 0.2450
Target 3 (TP3): 0.2650
Stop Loss (SL): 0.2020 (below recent swing support)
If bulls sustain above 0.2200, momentum could accelerate toward 0.245 – 0.265, with volume expansion hinting at stronger follow-through. Watch for a breakout confirmation above 0.2270 to validate upside continuation.