$MITO /USDT – BULLISH CONTINUATION IN PLAY AS PRICE HOLDS ABOVE KEY DEMAND ZONE 🚀
Immediate Market Explanation:
$MITO /USDT is maintaining a bullish market structure, holding firmly above the 0.070–0.072 support zone after a healthy pullback. Price is printing higher lows on intraday timeframes, showing buyers stepping in aggressively. Sustained volume and acceptance above 0.0735 indicate strength, and a breakout above the recent high could trigger the next upside expansion.
📈 Trade Setup (LONG)
Entry Zone: 0.0728 – 0.0736
Targets (TP):
TP1: 0.0751
TP2: 0.0770
TP3: 0.0775
Stop Loss (SL): 0.0698 (below structural support)
> Bullish bias remains valid as long as price holds above 0.070.
🔍 Key Technical Levels
Support: 0.0728 – 0.0704 – 0.0680
Resistance: 0.0751 – 0.0770 – 0.0775
🌐 Short Market Outlook
MITO/USDT is showing healthy accumulation behavior within an uptrend. If the broader crypto market stays stable, MITO has the potential to continue grinding higher with volatility expansion on a breakout. A clean move above 0.0775 could open the door for a stronger impulsive rally, while a breakdown below 0.070 would invalidate the bullish setup.
#MITO #CryptoAnalysis #DeFi #Bullish #Altcoins $MITO