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$MITO (1h) - Bearish Reversal
Bias: Short
Entry (Zone): 0.02580 - 0.02605
Targets:
TP1: 0.02520
TP2: 0.02470
TP3: 0.02405
Stop Loss: 0.02685
Why this Setup:
I’m favoring a short here because price is rolling over after failing to hold the recent bounce, and I see room for a move back toward the prior support area. I want to sell into a minor retrace or breakdown and look for continuation lower if momentum stays weak.