$MMT is trying to stabilize after a long downtrend, with price slowly lifting from the recent low of 0.2119. Buyers are showing slight interest, but momentum is still weak as major MAs remain above the price.
Key Points
• 24h High: 0.2262
• 24h Low: 0.2147
• Trend: Still bearish on the higher timeframes
• Volume: Low to moderate, showing limited demand
• MAs: Price remains under MA25 and MA99, signaling a slow recovery attempt
• Structure: Sideways consolidation after a prolonged drop
Key Levels
• Support: 0.2120
• Resistance: 0.2260 then 0.2430
• Breakout Zone: A close above 0.2260 may open space for a short-term bounce
• Risk Zone: Losing 0.2120 could push price toward 0.2060
Outlook
$MMT is showing early signs of basing, but the trend is still downward. Bulls need stronger volume and a clean break above resistance zones to shift momentum.
Trading Idea (Not financial advice)
If price holds above 0.2120 and reclaims 0.2260 with volume, a small relief rally toward 0.2430 becomes possible. If it rejects again, staying cautious is better because the broader structure remains weak.
Let me know if you want a more bullish, bearish, or neutral version.
