Guys for $MMT I’d be more cautious here and favor a SHORT. The token has been extremely volatile recently, and current market data shows heavy selling pressure after a sharp rally. #MMT is around the mid-$0.15–$0.17 area in live feeds, while recent reports show a major pullback from the recent highs.
📈 SHORT SETUP
Entry: $0.1665–$0.1700
Stop Loss: $0.1765
TP1: $0.1600
TP2: $0.1530
TP3: $0.1450
🔺Why SHORT?
Honestly, I wouldn't try to catch a falling knife on $MMT right now. The recent rally was extremely aggressive, and the subsequent sell-off has come with substantial volume. That tells me sellers are currently much more active. Recent Binance community analysis also points to a bearish short-term structure after MMT lost important moving-average levels.
The $0.17 area is the key. If #MMT bounces into $0.1665–$0.1700 and gets rejected, that's the confirmation I'd want for the short.
click here to trade 👆🏻
📈 SHORT SETUP
Entry: $0.1665–$0.1700
Stop Loss: $0.1765
TP1: $0.1600
TP2: $0.1530
TP3: $0.1450
🔺Why SHORT?
Honestly, I wouldn't try to catch a falling knife on $MMT right now. The recent rally was extremely aggressive, and the subsequent sell-off has come with substantial volume. That tells me sellers are currently much more active. Recent Binance community analysis also points to a bearish short-term structure after MMT lost important moving-average levels.
The $0.17 area is the key. If #MMT bounces into $0.1665–$0.1700 and gets rejected, that's the confirmation I'd want for the short.
click here to trade 👆🏻