$MMT Current Situation

✔ Price is pulling back from resistance

It touched 0.258–0.259 and now rejected again - this confirms resistance.

✔ Trend is still weak

Price is below EMA200 → long-term downtrend

Price is slightly above EMA50 → short-term support zone

✔ RSI is neutral (40)

Not oversold yet → down movement still possible.

✔ MACD is red

Momentum is losing strength.

🎯 Best BUY Zone

Wait for price to drop here:

Buy: 0.2430 – 0.2470

This is the safest zone because:

EMA50 support

Multiple previous bounces

Good risk–reward

⚠ Do NOT buy at 0.2534 → too high, no entry right now.

🎯 Best SELL Zone

If you buy at 0.2430–0.2470:

Take Profit (TP1): 0.2580

Strong Take Profit (TP2): 0.2660 (EMA200 resistance)

🧭 Trend Direction

🚫 Not in uptrend yet.

It must break 0.2660 (EMA200) to turn bullish.

Right now:

🔻 Long-term: Downtrend

🔄 Short-term: Sideways to weak uptrend

$MMT $BANANAS31 #Write2Earn

BANANAS31
BANANAS31
0.003212
-3.48%
MMTSui
MMT
0.2147
-4.23%