📈 MMT/USDT Short Market Analysis (15-Minute Chart)

The chart shows strong short-term bullish momentum following a massive spike to a recent high of 0.4640 USDT.

Current Trend: The price (0.3933 USDT) is significantly above all moving averages (MAs), with a bullish crossover between MA(7) and MA(25), confirming a solid uptrend on this timeframe.

Key Levels:

Dynamic Support: MA(7) at 0.3825 USDT. Holding this level is critical for bullish continuation.

Resistance: The recent peak at 0.4640 USDT.

Volume: Volume spiked during the price surge and has cooled but remains relatively high, indicating sustained interest and volatility.

Conclusion: The immediate bias is bullish, but the token is highly volatile. Expect sharp movements and maintain strict risk management. #MMT #MMTUSDT #CryptoTrading #Scalping #CryptoChart

MMTSui
MMTUSDT
0.2253
+2.64%