📉 $MMT -15.27% in 24h — bearish momentum building
$MMT is under heavy fire this morning, sliding over 15% to hit the $0.1226 mark as sellers dominate the 24-hour tape. While aggressive taker volume suggests some bottom-fishing is active, the whales are still heavily leaned into long positions, creating a high-risk setup for a potential liquidation flush if support doesn't hold. The tape looks increasingly heavy as the price remains pinned under a bearish EMA stack with the RSI struggling to find a floor, signaling that the downward momentum hasn't exhausted itself just yet.
📊 Market snapshot
• Price: $0.1226
• 24h range: $0.1205 – $0.1449
• 24h volume: $20.8M
🐋 Whale & insider flow
• Top traders leaning long (1.39x)
• Top-trader account L/S: 2.07
• Taker buy/sell (5m): 1.77 → buyers in control
• Open interest: $3.2M
🔎 Read on the tape
• Bias: Bearish (1H)
• RSI 35.1 · EMA21/50 bear stack
• Conviction: 88%
Follow $MMT for the next update. Not financial advice.