Mitosis (MITO) Current Price & Recent Moves
🔸Trading around $0.28 in many data sources.
🔹Up ~19-20% over the past 7 days, 30-35% over 30 days.
Supply / Tokenomics Effects
🔹Circulating supply is still low relative to maximum supply (18-20%) which means a lot of tokens are locked or yet to be released.
🔸Airdrop distributions & staking mechanics are influencing behavior: airdrop recipients sometimes sell quickly, but staking incentives are helping lock up supply.
Technical Indicators
🔹Price is above recent short-term averages (7-day SMA, EMA) bullish signal in the short term.
🔸Volume has been mixed: there were spikes, but also some dampening, so strength of rallies depends on renewed volume.
🔹Resistance appears near $0.40, and support seems around $0.25-$0.26.