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$MITO $MITOUSDT (1h) - Breakdown Short
Bias: Short
Entry (Zone): 0.02360 - 0.02390
Targets:
TP1: 0.02290
TP2: 0.02195
TP3: 0.02080
Stop Loss: 0.02475
Why this Setup:
I’m staying with the bearish breakdown because price is still trading below the recent lower highs and every bounce is getting sold. I want to fade a weak retest into the 0.0236 to 0.0239 area, with room for a move back toward the prior demand zones if momentum keeps fading.