📉 $MITO /USDT - TACTICAL SHORT
🔴 After a vertical surge of +26% and an overbought RSI (71-75 on 4h/15m), we're looking for exhaustion at the resistance zone.
🎯 ENTRY: 0.0258-0.0265 (rejection with bearish candlestick + volume)
🛑 SL: 0.0270 (above the high)
✅ TP1: 0.0250
✅ TP2: 0.0237
✅ TP3: 0.0222
⚖️ RR: ~1:2.5
📊 Suggested leverage: 3x-5x max
⚠️ Risk per trade: 0.5-1% of account
❌ Invalidating condition: close above 0.0265 with volume → underlying bullish trend continues to dominate
⚠️ Counter-trend setup (4h remains bullish). Only valid WITH rejection confirmation, don’t jump the gun.
This is not financial advice. Manage your risk.
🔴 After a vertical surge of +26% and an overbought RSI (71-75 on 4h/15m), we're looking for exhaustion at the resistance zone.
🎯 ENTRY: 0.0258-0.0265 (rejection with bearish candlestick + volume)
🛑 SL: 0.0270 (above the high)
✅ TP1: 0.0250
✅ TP2: 0.0237
✅ TP3: 0.0222
⚖️ RR: ~1:2.5
📊 Suggested leverage: 3x-5x max
⚠️ Risk per trade: 0.5-1% of account
❌ Invalidating condition: close above 0.0265 with volume → underlying bullish trend continues to dominate
⚠️ Counter-trend setup (4h remains bullish). Only valid WITH rejection confirmation, don’t jump the gun.
This is not financial advice. Manage your risk.