$MITO / USDT — Dual Bias Trade Setup ⚡
Current Price: 0.04249
Long Bias (Relief / Bounce)
Entry: 0.04230 – 0.04250
Take Profit 1 (TP1): 0.04295
Take Profit 2 (TP2): 0.04390
Take Profit 3 (TP3): 0.04460
Stop Loss (SL): 0.04200
Logic: Price just bounced from local support 0.04235. Short-term relief bounce possible toward resistance levels. Break above 0.04390 needed to confirm bullish momentum.
Short Bias (Breakdown)
Entry: Below 0.04215
Take Profit 1 (TP1): 0.04150
Take Profit 2 (TP2): 0.04080
Take Profit 3 (TP3): 0.04000
Stop Loss (SL): 0.04300
Logic: Breakdown below 0.04215 triggers continuation to lower liquidity zones. Trend on 15M is bearish (MA7 < MA25 < MA99), and sellers have edge if support fails.
Key Levels:
Support: 0.04235 / 0.04219
Resistance: 0.04295 / 0.04390
Note: Trend under pressure. Watch for strong volume on either side to confirm direction.
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