$MMT is showing strong upside momentum with a +22% move in the last 24 hours, backed by a clear expansion in volume. Price recently pushed from the 0.19 area to a high near 0.26, confirming a strong impulsive leg. After that spike, the market is now cooling off and forming a short-term consolidation just above a key demand zone.
On the 1H timeframe, bullish structure is still intact. Higher lows are holding, and the pullback looks controlled rather than aggressive. This kind of pause after an impulse often signals continuation, not reversal. As long as price holds above the previous breakout zone, momentum remains with buyers.
Trade Setup
• Entry Zone: 0.225 – 0.235
• Target 1: 0.260
• Target 2: 0.285
• Target 3: 0.320
• Stop Loss: 0.210
If MMT reclaims 0.26 with strong volume, it would confirm continuation and invalidate the pullback narrative. That breakout would shift market structure into expansion mode again, opening the door for a much larger rally.
If price fails to hold the 0.22 support, the setup becomes invalid and patience is required. For now, momentum favors the upside, and the chart suggests we’re seeing a healthy reset before the next move.
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