MITO is now worth considering for deployment. The range from now to $0.071 is a good entry point.
The token recently tested the 200-day moving average on a lower time frame and showed a reversal, which is a very important pattern. Historically, ICNT has doubled after making a similar move.
MITO previously provided a 24% return, with the first entry at $0.064 already profitable. The current technical setup looks similar, and the subsequent trend is worth watching. Whether trading futures long or buying spot, this price level offers an opportunity to participate.
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CryptoGoldmine
· 10h ago
The reversal of the 200-day moving average is indeed worth watching. The historical trend of ICNT is there, but whether MITO can replicate it this time depends on the subsequent breakout strength.
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YieldChaser
· 10h ago
0.064 Nabo has indeed bottomed out. This current pattern looks a bit familiar.
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HallucinationGrower
· 10h ago
The 200-day moving average reversal looks quite comfortable, but I didn't dare to go all in at the 0.071 level.
Will history repeat itself? That's the real question.
MITO has indeed been rewarding before, but doubling your investment is easier said than done.
It still depends on the trading volume in the next couple of days; otherwise, the rebound will be over.
MITO is now worth considering for deployment. The range from now to $0.071 is a good entry point.
The token recently tested the 200-day moving average on a lower time frame and showed a reversal, which is a very important pattern. Historically, ICNT has doubled after making a similar move.
MITO previously provided a 24% return, with the first entry at $0.064 already profitable. The current technical setup looks similar, and the subsequent trend is worth watching. Whether trading futures long or buying spot, this price level offers an opportunity to participate.