$MMT /USDT TECHNICAL ANALYSIS – BEARISH TREND CONTINUING
The $MMT /USDT pair is showing sustained bearish momentum after failing to hold above 0.2261. Price is forming lower highs and lower lows, with EMA lines pointing downward. MACD remains below the signal line, confirming continued selling pressure, while SAR is positioned above the price. Bollinger Bands are widening slightly, indicating potential for further downside volatility.
Trade Setup:
Short Entry: 0.2175 – 0.2185
Target (TP): 0.2147 (recent support), 0.2110 (next support level)
Stop Loss (SL): 0.2218
Risk Management:
Keep risk per trade under 2% of total capital. Watch for sudden volume spikes that may indicate temporary reversals and adjust SL accordingly.
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