$MITO – SHORT-TERM PULLBACK UNDER PRESSURE
$MITO has dropped to $0.2067 after failing to sustain the $0.2195 high, showing notable selling pressure. Price is approaching key support near $0.1973, suggesting a potential bounce if buyers step in. A recovery above $0.2100 could open the path to $0.2150–$0.2180, while a break below $0.1970 may accelerate downside toward $0.1920.
Trade Setup:
Entry: $0.2050–$0.2075
Target 1 (TP1): $0.2100
Target 2 (TP2): $0.2150
Stop Loss (SL): $0.1965
Short-term momentum favors caution, waiting for a clear confirmation of support before aggressive long positions.
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