$MMT — Explosive Breakout, Bulls Cooling Off Before Next Leg
Long $MMT
• Entry: 0.1340 – 0.1385
• Stop Loss: 0.1295
Targets:
• TP1: 0.1450
• TP2: 0.1520
• TP3: 0.1600
• TP4: 0.1700
MMT just delivered a massive impulsive breakout from the accumulation zone near 0.11, pushing aggressively toward 0.157 before entering a healthy consolidation phase. This type of price action often signals strong bullish intent, with the current pullback acting as a reset rather than weakness.
Price is now holding above the key 0.134–0.138 demand zone, where buyers are showing interest. The structure remains bullish as long as this zone holds, and the consolidation suggests preparation for another expansion move.
A strong reclaim of 0.1420 on the 1H timeframe would confirm momentum continuation and open the path toward higher targets.
The bullish bias remains valid while price stays above 0.1300 support. Watch for volume expansion on breakout for confirmation.
Trade $MMT here 👇🏻
