【$Mito Signal】Rebound Plan with Multiple Entries | 1H Overbought but 4H Strong Trend

$MITO RSI 1H 78.63, selling pressure exceeds buying pressure, price breaks above Bollinger upper band then consolidates with decreasing volume. 4H MACD bars are still expanding, but sparse orders above 0.08 indicate waning willingness to chase higher. The current risk-reward ratio is not suitable for direct long entries; wait for a pullback to enter more safely.

🎯Direction: Long (wait for pullback to place orders)

⚡Entry/Order: 0.08091

🛑Stop Loss: 0.06328

🚀Target 1: 0.08596

🚀Target 2: 0.09352

🛡️Trade Management:
- After the order is triggered, if the price quickly drops below 0.079, manually exit and observe. Reduce position by 50% at Target 1, move stop loss up to entry price. Hold remaining position until Target 2 or a 1H top divergence signal appears.

Depth Logic: The 4H middle Bollinger band at 0.0718 and EMA50 at 0.0636 are still significantly apart, indicating the bullish trend has not broken. 1H buying volume has shrunk but no large sell-off volume appears, which is a normal correction. There is a dense cluster of previous chips around 0.0809, so the probability of support at this pullback level is high. If a volume breakout above 0.082 occurs, cancel the order and wait for the next pullback.

Check real-time market 👇 $MITO
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