📊 1D Chart (Bigger Trend)

Price dropped from 0.445 → now 0.249.

This is a heavy correction → buyers are weak.

Support: 0.244 – 0.247 (today’s low).

Next major support: 0.197 – 0.20.

Resistance: 0.269 → 0.308.

👉 Daily trend is still bearish.

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📊 4H Chart (Short-term)

Consistent fall from the recent high.

Current price: 0.249, testing the 244 – 247 support zone.

Resistance: 0.269 – 0.270.

👉 4H shows selling pressure still strong.

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✅ Trading Ideas

🔴 Short (Safer Setup)

Entry (Sell): 0.248 – 0.250 (current zone).

Stop Loss: 0.270.

Targets: 0.244 → 0.230 → 0.200.

👉 Safer because the trend is clearly down.

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🟢 Long (Only on bounce)

Entry (Buy): 0.245 – 0.247 (only if strong green candle forms).

Stop Loss: 0.230.

Targets: 0.269 → 0.300.

👉 Risky. Take this only if price holds above 0.244 with strong volume.

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📌 Conclusion

Chart currently favors Short positions.

Safe play → Short around 0.248–0.250, SL 0.270, target 0.23 → 0.20.

$MITO