$MMT
The market structure is firmly bullish after a strong impulsive breakout from the $0.1930 accumulation zone. Price continues to print higher highs and higher lows while holding above the $EMA(7), $EMA(25), and $EMA(99), confirming a complete bullish trend alignment. The recent consolidation just below the session high at $0.2563 reflects healthy profit-taking rather than distribution, keeping the continuation scenario intact.
Bias: Bullish Continuation
EP (Entry Price): $0.2490 – $0.2535
TP1: $0.2600
TP2: $0.2700
TP3: $0.2850
SL: $0.2420
Key Support
The immediate demand zone is between $0.2450 and $0.2490, supported by the rising $EMA(7). Stronger structural support is located around $0.2340 near the $EMA(25). Holding above these levels keeps the bullish structure valid.
Key Resistance
The first resistance is the recent high at $0.2563. A confirmed breakout above this level would expose fresh liquidity toward $0.2700, with the next expansion target at $0.2850.
The trend remains exceptionally strong, with all major moving averages sloping upward and price consistently respecting dynamic support after every pullback.
Momentum continues to favor buyers as the market absorbs selling pressure near the highs without breaking its sequence of higher lows, confirming sustained demand.
As long as price remains above $0.2420, the current structure favors continuation into higher liquidity zones, with breakout buyers likely driving the next leg higher.
$MMT
#SpaceXExtendsSlide #ZhongjiInnolightFalls12.77%OnHKDebut #ZhongjiInnolightFalls12.77%OnHKDebut #FOMCWatching #FOMCWatching
The market structure is firmly bullish after a strong impulsive breakout from the $0.1930 accumulation zone. Price continues to print higher highs and higher lows while holding above the $EMA(7), $EMA(25), and $EMA(99), confirming a complete bullish trend alignment. The recent consolidation just below the session high at $0.2563 reflects healthy profit-taking rather than distribution, keeping the continuation scenario intact.
Bias: Bullish Continuation
EP (Entry Price): $0.2490 – $0.2535
TP1: $0.2600
TP2: $0.2700
TP3: $0.2850
SL: $0.2420
Key Support
The immediate demand zone is between $0.2450 and $0.2490, supported by the rising $EMA(7). Stronger structural support is located around $0.2340 near the $EMA(25). Holding above these levels keeps the bullish structure valid.
Key Resistance
The first resistance is the recent high at $0.2563. A confirmed breakout above this level would expose fresh liquidity toward $0.2700, with the next expansion target at $0.2850.
The trend remains exceptionally strong, with all major moving averages sloping upward and price consistently respecting dynamic support after every pullback.
Momentum continues to favor buyers as the market absorbs selling pressure near the highs without breaking its sequence of higher lows, confirming sustained demand.
As long as price remains above $0.2420, the current structure favors continuation into higher liquidity zones, with breakout buyers likely driving the next leg higher.
$MMT
#SpaceXExtendsSlide #ZhongjiInnolightFalls12.77%OnHKDebut #ZhongjiInnolightFalls12.77%OnHKDebut #FOMCWatching #FOMCWatching