$MMT

MMT
MMT
0.1321
-9.14%

#/USDT Daily Analysis

MMT is currently trading around $0.1474, showing a strong intraday recovery after bouncing from the recent downtrend structure.

The candle shows wide range expansion (36% range), indicating high volatility and aggressive buying activity.

📊 Technical Structure

Strong bounce from recent local bottom zone

Price reclaimed MA(7) at $0.1355

Still below MA(25) at $0.1600

Well below MA(99) at $0.2293 → major trend resistance

Overall structure is still bearish on higher timeframe, but short-term momentum is shifting upward.

🔑 Key Levels

Support Zones:

$0.135

$0.130

$0.120 (stronger base support)

Resistance Zones:

$0.160 (MA25 resistance)

$0.180

$0.200

$0.229 (MA99 major resistance)

📈 Possible Scenarios

Bullish Continuation:

If MMT breaks and closes above $0.160, next targets could be $0.180–$0.200.

Rejection Scenario:

Failure at $0.160 may result in pullback toward $0.130–$0.135 zone.

Sustained trend reversal only confirmed above $0.200+.

📌 Overall Bias

Short-term: Bullish bounce

Medium-term: Bearish below $0.200

High volatility coin — risk management is important.

Not financial advice.

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