$MMT USDT Perp — SHORT Setup
I’m watching $MMT closely here because the chart is starting to lose its strength.
Price pushed up to 0.2478, got rejected hard, and has since been printing lower highs. Now it’s trading below the MA7 and MA25, which tells me the short-term structure is leaning bearish.
My setup:
Entry: 0.2080 – 0.2120
SL: 0.2200
TP1: 0.1980
TP2: 0.1900
TP3: 0.1820
The 0.2050 area is important. If sellers manage to break and hold below it, I’d expect the move to open more downside liquidity toward 0.1900 and potentially 0.1820.
What I like about this trade is the invalidation is clear. If MMT reclaims 0.2200, the short idea is simply wrong and I’m out.
No chasing. No guessing.
Just waiting for price to confirm the setup.
Trade the structure, not the emotion.
$MMT
#MMT #TradingSignals #BIP110ForkSignalingExpectedThisWeekend #Write2Earn
I’m watching $MMT closely here because the chart is starting to lose its strength.
Price pushed up to 0.2478, got rejected hard, and has since been printing lower highs. Now it’s trading below the MA7 and MA25, which tells me the short-term structure is leaning bearish.
My setup:
Entry: 0.2080 – 0.2120
SL: 0.2200
TP1: 0.1980
TP2: 0.1900
TP3: 0.1820
The 0.2050 area is important. If sellers manage to break and hold below it, I’d expect the move to open more downside liquidity toward 0.1900 and potentially 0.1820.
What I like about this trade is the invalidation is clear. If MMT reclaims 0.2200, the short idea is simply wrong and I’m out.
No chasing. No guessing.
Just waiting for price to confirm the setup.
Trade the structure, not the emotion.
$MMT
#MMT #TradingSignals #BIP110ForkSignalingExpectedThisWeekend #Write2Earn