$MMT
#MMT #MMTSetup /USDT Long Position Analysis
Current Price: $0.5697
24h Range: $0.5659 â $0.6199
Trend: Bearish-to-neutral (possible reversal soon)
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đč Technical Overview
MA60 (0.5733): Price is slightly below MA60, showing near-term weakness, but any breakout above this level can confirm a reversal.
MACD: Still negative, but the histogram is flattening â early sign that selling pressure might be slowing down.
RSI (~38â40): Near the oversold zone, suggesting a possible rebound opportunity.
Volume: Moderate with some green spikes, meaning buyers are beginning to show interest around the current level.
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đč Long Setup View
Entry Zone: $0.565 â $0.570 (current price zone)
Target 1: $0.585
Target 2: $0.600
Target 3: $0.620 (strong resistance)
Stop Loss: $0.555 (below 24h low)
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đč Sentiment
Short-term: Accumulation phase â likely sideways movement with potential upward breakout.
Medium-term: Bullish if the price closes and holds above $0.575â$0.580 (confirming breakout).
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đč Conclusion
> â Possible long entry near $0.57 with good risk-reward ratio.
â ïž Watch for confirmation above $0.575 before adding more.
đ« If price drops below $0.555, trend may continue bearish short-term.