MITO New Update (1H)

This analysis is an update of the analysis you see in the "Related publications" section

Be sure to manage your risk carefully; this coin is new and has high volatility

We have changed our view on this coin; it hasn’t reached our analysis entry zone yet!

Since it didn’t touch our zone and moved upward, forming and breaking out of a trendline, we’ve updated our perspective.

If there’s a pullback to the red zone, a sell/short position can be considered.

For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You