Market data shows the MMT/USDT pair rising to around $0.143 after reaching an intraday high near $0.168. The token had been trading in a relatively narrow range around $0.11–$0.12 before the sudden breakout.
The move was accompanied by a sharp increase in trading volume, with nearly $5 million recorded over the past 24 hours. On the 1-hour chart, MMT experienced a rapid vertical surge after several days of sideways consolidation, signaling strong buying pressure entering the market.
Technical indicators also show bullish momentum, with the price moving well above key moving averages including the 7-period, 25-period, and 99-period lines. The breakout pushed the token to its highest short-term level in recent sessions before a slight pullback.
Traders are now watching whether MMT can hold above the $0.14 level, which could act as a new support zone. If bullish momentum continues, the token may attempt another test of the recent high near $0.17. However, the sharp spike also raises the possibility of short-term volatility as some investors lock in profits.
