$MITO
BULLISH CONTINUATION | STRUCTURE FAVORING UPSIDE
$MITO is holding a bullish market structure with price respecting higher-low formation and consolidating above a key demand zone. The recent pullback appears corrective, suggesting accumulation rather than distribution. As long as support remains intact, the next market move is expected to expand toward higher resistance levels with momentum continuation.
Entry
• Buy on pullback into the support zone or on confirmed bullish continuation
Targets (TP)
• TP1: 0.0710
• TP2: 0.0720
• TP3: 0.0750
Stop Loss (SL)
• Below 0.0660 (bullish structure invalidation)
Key Levels
• Support: 0.0680 – 0.0660
• Resistance: 0.0710 – 0.0720
• Breakout Zone: Above 0.0720
Risk Management
Risk only 1–2% per trade, secure partial profits at each target, and move stop loss to breakeven after TP1 is achieved.