💰 Current price: within the range of 0.21 – 0.22
📉 The currency is in an oversold area and shows clear attempts to form a solid bottom with gradual liquidity entering.
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📊 Technical analysis in strong brief
🔹 The price is moving above a very important pivot support, enhancing the chances of a reversal.
🔹 Selling momentum is slowing down, with clear accumulation starting near current levels.
🔹 Breaking the first resistance may open the door for a rapid upward wave.
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🟢 Strong support points
🔻 Main support: 0.208 — Most important current pivot area
🔻 Second support: 0.169 — Additional buying area for speculators
🔻 Deep support: 0.150 — High-risk opportunity for higher profit
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🔴 Resistance points (expected targets)
🎯 First target: 0.27
🎯 Second target: 0.30
🎯 Third target: 0.35
🔥 Extended target: 0.50+ — In case the upward trend is confirmed
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🎯 Suggested entry area
🟢 First entry: 0.21 – 0.22
🟢 Reinforcement entry: 0.18 – 0.20 (if the price returns to test the second support)
📉 Stop loss: clear break below 0.208 or 0.169 depending on risk strength.
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🌟 Overview
MMT is currently moving at a strong bottom, and with the weakness of the downward momentum and the emergence of gradual buying, it becomes an excellent speculative rebound opportunity, with realistic targets starting from 0.27 and extending to 0.35, and possibly 0.50 if larger liquidity enters.
⚠️ Reminder: The currency is highly volatile – use strict capital management.