$MITO IS SHOWING SIGNS OF EXHAUSTION ON THIS RELIEF RALLY 📉
Entry: 0.02619 – 0.02637 🔥
Target: 0.02469 🚀
Stop Loss: 0.02840 ⚠️
The market is focused on a breakout, but the structure suggests we are due for a rejection. We have a clear bearish trend on the daily timeframe, and the 15-minute RSI is sitting at 66, signaling that this bounce is running out of gas.
A move into this entry zone offers a clean setup to play the continuation of the primary trend. With the momentum fading, the downside potential looks much more compelling than chasing the long side here.
Are you fading this relief rally or joining the short before it fades?
Not financial advice. Always manage your risk.
#MITO #ShortSetup #Crypto #Trading #TechnicalAnalysis
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