Opportunity to buy from the bottom for currency $MMT 🚀
Current price: $0.1851 📉
Targets:
🎯 $0.2015
🎯 $0.2215
🎯 $0.2710 long-term target
Stop loss: $0.1780 ❌
Let's talk a bit about the currency
Currency $MMT is currently correcting strongly and very close to historical support levels (the bottom of the current price channel). The price is trying to stabilize above the $0.1815 area, and this gives us an indication that we might see a good price rebound if buying liquidity enters.
Brief indicators
• RSI (6): 32.4 (very close to the oversold area, meaning selling has slowed down and it's time to buy).
• MACD: negative momentum is still present but the decline has started to slow down.
• Averages: the price is a bit far from the MA(7), and this usually follows an upward corrective movement to touch the average.
Alert:
The cryptocurrency market fluctuates quickly, always be cautious and stick to the stop loss to stay safe. May God bless everyone! ⚖️