BEARISH DOWNSIDE ALERT

$MITO is showing signs of a potential bearish reversal after failing to sustain above the resistance zone at 0.0751. Price action indicates sellers gaining control, with lower highs forming on short-term charts. Immediate support sits at 0.0703, and a breakdown below this level could trigger further declines toward 0.0685–0.0670.

Entry Zone: 0.0735–0.0745

Take Profit (TP): 0.0703 / 0.0685 / 0.0670

Stop Loss (SL): 0.0760

Traders should monitor the 1h and 4h charts for confirmation of the bearish momentum. A clean break below 0.0703 increases the probability of a continuation toward the next support levels.

#CryptoTrading #DeFi #BearishSetup #MITO #TechnicalAnalysis $MITO

MITOBSC
MITOUSDT
0.04981
-12.56%