🔥 Technical analysis for MMT coin — Is a price explosion approaching after the drop?
📊 Quick and exciting technical analysis:
🔹 Demand zone 0.2635 – 0.2660$:
The chart reveals a strong demand zone near 0.2635$, from which the price quickly rebounded, indicating buyer interest in this area.
🔹 Nearby resistance to watch: 0.2723$:
Breaking this level returns the coin to a strong upward trend.
🔹 Momentum indicators (RSI – MACD):
The RSI is approaching oversold areas → Potential rebound signal.
The MACD shows convergence of its lines → A reversal may be on the way.
🔮 Upcoming price predictions for the coin:
If the price manages to stay above 0.2635$ , there is a strong possibility of starting a new upward wave targeting:
🎯 Possible upward targets:
First target: 0.2723$
Second target: 0.2780$
Third target: 0.2910$ (24-hour peak).
However, if support at 0.2635$ is broken, we might see a retest of lower levels at 0.2560$ before bouncing back.
🌟 Summary:
The drop of MMT coin appears to be a healthy correction rather than a collapse, and the price is currently in a smart buying zone that may initiate a new rally towards higher targets.
🔴 Disclaimer:
Cryptocurrencies in general carry high price volatility, and appearing on exchange listings is not a guarantee of returns; the information above is not investment advice, do your own research.
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