$MITO Looking to go long。



This coin has been bleeding lower all the way down to a key support level. The RSI is already severely oversold, and I think it could bounce with a mean-reversion move here.

For entry, focus mainly on the 0.02403 to 0.02465 range. For the upside target, first look at 0.02526; if things go smoothly, it may continue to test 0.02600. Put the defensive level at 0.02331.

But you need to watch the risks. Currently, the 15-minute timeframe’s bearish momentum is still quite strong. If the 0.0242 level can’t hold, the long setup will fail. Everyone, please don’t go all-in—control your position size according to your own account. Also, you can keep an eye on the moves of $BANK and $ERA .
MITO4.28%
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