🚀 $MITO

MITOUSDT

Perp

0.0492

-0.34%

Breaching momentum after the accumulation phase

Time frame: 1H

Trade direction: Long

Entry area:

0.0645 – 0.0665

Take profit levels:

TP1: 0.0685

TP2: 0.0710

TP3: 0.0740

Stop loss:

Below 0.0620

Market structure:

The price has strongly exited a narrow accumulation range supported by a clear upward push. A higher low was recorded near support at 0.062, with notable buyer entries and the appearance of expanded candles reflecting the strength of the momentum.

Direction:

The trend remains bullish as long as the price is above 0.0635. A clean breakout above 0.068 may open the way for continuity of the movement towards higher resistances.

Risk management is essential, with the possibility of securing the trade after achieving TP1.