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$MITO (1h) - Breakout Retest Long
Bias: Long
Entry (Zone): 0.0448 - 0.0460
Targets:
TP1: 0.0485
TP2: 0.0510
TP3: 0.0540
Stop Loss: 0.0428
Why this Setup:
I’m looking for a continuation long after the strong impulse move and I want to buy a retest above the prior breakout area. The trend is still recovering, and I expect momentum to hold if price keeps defending the 0.045 zone and pushes back into the recent highs.