According to current data, the price $MITO is $0.236, and over the last 24 hours it has increased by 7.25%. The trading volume has increased by 165.95%, which is a significant indicator. Usually, high trading volume accompanies strong price movements, so this is an important signal.
From a technical perspective, the Relative Strength Index RSI14 is 52.93, which indicates a neutral zone — the token is not overbought. The 7-day moving average (SMA) is $0.222, and the current price is above it, indicating an upward trend. The pivot point is at $0.22397, and the price is above it, which may indicate bullish sentiment in the market.
The mainnet launch on September 8 with the ability to create NFTs and new features may also have influenced the positive perception of the project. Additionally, the Altcoin Season Index is at 70, which is 59% higher over the last 30 days, indicating a favorable market for altcoins such as MITO.