$MITO
MITO/USDT Quick Analysis
MITO is trading at 0.22081, moving lower in a sustained downtrend and sitting below its EMA. Support is at 0.21757, while resistance is at 0.22881. Fresh long positions should be approached with caution unless buyers reclaim key levels.
✅ Trade Plan:
Entry: 0.22100–0.22150
Target 1: 0.22881
Target 2: 0.23400
Stop loss: below 0.21757
💡 My View:
MITO is at a critical juncture; only consider long entries above 0.22100 if volume confirms a reversal. A breakdown below 0.21757 would likely accelerate downside.
⚠️ Declaration:
This is my personal analysis & trade plan, not financial advice. Always DYOR & manage your risk.