$MITO /USDT

Timeframe: 1H

Trend: bullish recovery → consolidation

Price action: MITO bounced strongly from the 0.0725 support and formed a sharp impulsive move. After hitting 0.0840, price is consolidating above previous resistance, which now acts as support. Structure remains bullish as long as price holds above the demand zone.

Long trade plan 👇

Entry zone: 0.0780 – 0.0790

Targets 🎯 TP1: 0.0820

TP2: 0.0840

TP3: 0.0870

Stop loss 🛑 0.0748

Market outlook: Healthy pullback after a strong impulse. Consolidation suggests continuation if volume supports the breakout. Losing 0.0748 would invalidate the bullish setup.

Risk management: Use proper position sizing, avoid high leverage, and wait for confirmation near the entry zone.