🔥 $MMT is showing a strong bullish setup right now.
Volume is clearly increasing on bullish candles, with a notable spike accompanied by heavy volume — a classic sign of genuine buying interest. The 24-hour trading volume is around $86M USDT, which confirms solid market participation.
Capital flow tells an interesting story:
Derivatives (contracts) are showing consistent net outflows across multiple timeframes (24h: -$2M USDT). This likely indicates leverage reduction or profit-taking rather than outright bearishness.
Spot market, however, is seeing net inflows on shorter timeframes (1h: +$176K USDT), suggesting real demand and underlying accumulation.
This divergence between spot inflows and derivatives outflows often precedes another bullish continuation move.
📈 My outlook on $MMT:
Cautiously bullish, with a long bias
Trade ideas:
Pullback entry: Wait for price to retrace into the 0.2080–0.2100 USDT support zone (near the MA20 and the Bollinger Bands midline). Chasing pumps usually ends badly.
Breakout entry: A clean break and close above 0.2386 USDT with strong volume would confirm continuation.
Risk management:
Stop-loss: 0.1980 USDT, just below key structural support.
Upside targets:
0.2500 – 0.2617 USDT, aligning with prior resistance levels.
$MMT appears to be rebuilding strength after the recent pullback. As long as volume remains strong, further upside is likely.
Trade smart, manage risk, and don’t go full degen.
What’s your plan — holding current positions or waiting for the pullback?
