🚨 $MITO / USDT – STRONG SELL ALERT 🔴↘️
$MITO is showing clear bearish momentum after failing to hold above key resistance levels. Sellers are dominating, and a continuation downtrend seems likely.
Current Price: 0.24174 USDT
Trade Type: Short / Sell
Trade Setup:
Entry Zone: 0.241 – 0.243 USDT
Target: 0.20200 USDT 🎯
Stop Loss: 0.24500 USDT 🛑
Analysis:
MITO has recently struggled near the 0.245 resistance zone, confirming selling pressure.
Price action suggests a potential pullback continuation toward 0.20200.
High volume spikes during downward moves indicate strong bear interest.
Key Levels to Watch:
Immediate Support: 0.230 – 0.225
Major Support: 0.210 – 0.205
Resistance: 0.245 – 0.250
Trading Plan:
Enter short at 0.241 – 0.243
Place stop loss tight at 0.245
Target 0.202 for maximum profit
Adjust stop loss to breakeven once price crosses 0.220 for risk-free management
⚠️ Note: This is a high-risk trade. Monitor price action closely, and don’t ignore stop loss.
💥 Bottom Line: $MITO is primed for a strong bearish move. Short-term traders can capitalize on this pullback while keeping risk management in check.
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