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$MITO (1h) - Bearish Continuation Short
Bias: Short
Entry (Zone): 0.02380 - 0.02400
Targets:
TP1: 0.02320
TP2: 0.02260
TP3: 0.02190
Stop Loss: 0.02445
Why this Setup:
I’m favoring a short here because price has already failed to reclaim the 0.0245 area and is still making lower highs on the 1h chart. I want a bounce into resistance for a cleaner rejection, with downside continuation toward the recent support shelves if sellers stay in control.