$MMT
MMTUSDT
Perp
0.2218
+1.65%
/USDT LONG TRADE SETUP
$MMT is trading at 0.2216. The price has pulled back and is currently finding strong support at the MA(99) level of 0.2215. This support level coincides with a key structural area. Although it is trading slightly below the short-term MAs (MA(7) at 0.2224 and MA(25) at 0.2235), a bounce from the MA(99) could lead to a quick retest of the recent highs.
Target Points
TP1: 0.2235 (The MA(25) level, which is the immediate resistance)
TP2: 0.2258 (The 24h High and major resistance)
TP3: 0.2280 (Extension target for a clear breakout)
Stop Loss
Set stop loss below 0.2200 to limit downside risk (below the MA(99) support for protection).
Buy and Trade here on $MMT