$MITO short plan
is currently exhibiting a strongly bearish trend, confirming that your proposed short plan aligns well with the dominant market momentum. The asset has been facing intense selling pressure and has recently broken key support levels.Trading Plan Short $MITO ( max 10x )
Entry: 0.0201 – 0.0211
SL: 0.0224
TP: 0.0192
TP: 0.0178
TP: 0.0164
As long as the price remains capped below the structural flip level of $0.022, the path of least resistance remains strictly downward.
Entry Zone: Optimal entries for a short position lie on a low-volume retest of the broken structural support turned resistance zone around $0.020 – $0.022.
Invalidation / Stop Loss: A clean daily close above $0.023 invalidates the immediate aggressive short setup, signaling a potential oversold structure shift.
Targets: The next historical and psychological expansion targets lie around the psychological $0.0170 level and lower.