$MITO
MITO
0.06792
+2.58%
BULLISH TECHNICAL ANALYSIS
$MITO is maintaining a strong bullish structure after defending the demand zone successfully. Price action shows higher lows with increasing buying interest, indicating continuation momentum. A clean hold above the breakout region can fuel the next upside leg toward major resistance levels.
Entry: Buy on pullbacks near the demand zone
Targets (TP):
TP1: 0.06500
TP2: 0.07000
TP3: 0.07500
Stop Loss (SL): 0.06100
Risk Management: Risk only a small portion of capital per trade and secure profits progressively as targets are reached.