$MITO Showing clear signs of weakening after being strongly rejected at the 0.083 resistance zone. After the previous sharp rally, the price couldn't sustain the breakout momentum and quickly faced heavy selling pressure, pushing the market into a deep correction.

On the short-term timeframe, the price structure is beginning to form lower highs, indicating the sellers are gradually taking control of the game. The strong decline momentum along with the recent sell-off is a confirmation of a short-term correction trend.
📈 Trading Strategy (Short – $MITO/USDT)
⟶ Entry zone: 0.0675 – 0.0690
• Take Profit 1: 0.0650
• Take Profit 2: 0.0625
• Take Profit 3: 0.0590
🎯 Stop Loss: 0.0735
If the price continues to stay below the nearby resistance zone and cannot reclaim the 0.0735 level, it is highly likely that $MITO the correction will continue towards lower support levels.
Note to manage capital carefully and adhere to stop-loss discipline to limit risks in case of an unexpected market reversal. $MITO
{future}(MITOUSDT)