$MITO /USDT â BULLISH CONTINUATION IN PLAY AS PRICE HOLDS ABOVE KEY DEMAND ZONE đ
Immediate Market Explanation:
$MITO /USDT is maintaining a bullish market structure, holding firmly above the 0.070â0.072 support zone after a healthy pullback. Price is printing higher lows on intraday timeframes, showing buyers stepping in aggressively. Sustained volume and acceptance above 0.0735 indicate strength, and a breakout above the recent high could trigger the next upside expansion.
đ Trade Setup (LONG)
Entry Zone: 0.0728 â 0.0736
Targets (TP):
TP1: 0.0751
TP2: 0.0770
TP3: 0.0775
Stop Loss (SL): 0.0698 (below structural support)
> Bullish bias remains valid as long as price holds above 0.070.
đ Key Technical Levels
Support: 0.0728 â 0.0704 â 0.0680
Resistance: 0.0751 â 0.0770 â 0.0775
đ Short Market Outlook
MITO/USDT is showing healthy accumulation behavior within an uptrend. If the broader crypto market stays stable, MITO has the potential to continue grinding higher with volatility expansion on a breakout. A clean move above 0.0775 could open the door for a stronger impulsive rally, while a breakdown below 0.070 would invalidate the bullish setup.
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