š $MITO /USDT TECHNICAL ANALYSIS ā BEARISH TREND IN PLAY š
Current Price: 0.2192 USDT
Key Levels:
Resistance: 0.2400 ā 0.2550
Support: 0.2150 ā 0.2134
Market Sentiment: Bearish š» ā Price is struggling near 0.2192 and rejected at higher resistance, indicating potential further downside.
Trade Setup:
Short Entry: 0.2195 ā 0.2200
Target (TP): 0.2150 / 0.2134
Stop Loss (SL): 0.2240
Risk Management: Trade small position size āļø, risk max 1ā2% per trade, monitor for reversal near strong support.
Summary: Expect MITO to test support zones before any potential bounce. Stay cautious, trend favors sellers. š
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