$MITO /USDT – BEARISH PULLBACK AFTER REJECTION, WAIT FOR STRUCTURE CONFIRMATION ⚠️
MITO/USDT has faced a clear rejection from the 0.080–0.081 resistance zone, followed by strong bearish candles pushing price back toward the lower range. The recent breakdown shows sellers in control in the short term, suggesting a corrective phase is still active rather than immediate continuation.
Trade Setup (SHORT – Intraday / Short-Term Bias)
Entry Zone:
0.0785 – 0.0795 (pullback into minor resistance)
Targets:
TP1: 0.0765
TP2: 0.0750
TP3: 0.0728
Stop Loss:
Above 0.0812 (range high / rejection zone)
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Alternative Bullish Scenario
If price reclaims and holds above 0.0805, bearish pressure weakens and a recovery toward 0.083–0.085 becomes possible.
Short-term structure remains bearish after rejection from key resistance. Price is currently in a corrective leg, and patience is required. Best approach is to wait for either a lower high rejection for shorts or a clean reclaim of resistance before considering longs.
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