$MITO is Holding Strong but Momentum Looks Overextended

Short $MITO

Entry: 0.082 – 0.086

SL: 0.090

TP1: 0.0785

TP2: 0.0750

TP3: 0.0715

TP4: 0.0680

Why:

MITO rallied aggressively and is now struggling to break above the 0.085 resistance zone. RSI remains elevated near overbought territory while MACD momentum is flattening, showing signs of trend exhaustion. Price is also starting to move sideways after the impulse move, which often leads to a pullback or liquidity sweep before continuation.

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MITO
MITOUSDT
0.04148
-11.17%