$MMT 's bounce attempt looks promising, but the structure is still fragile. Your analysis is spot on – the price is holding near $0.19, with RSI ~56 and a positive $MACD indicating short-term buyers stepping in. However, the price is still below SMA200 (~$0.21), so confirmation is needed.
*Key Levels:*
- _Entry_: $0.19 – $0.195
- _Stop-Loss_: $0.175
- _Targets_: $0.21 → $0.24 → $0.26
- _Support_: $0.17 (critical level)
A break above $0.21 could push the price higher, while losing $0.17 would weaken the setup. Keep an eye on the SMA200 level ¹.
What's your take on $MMT's chart? Are you looking to enter a long position?