Yo, crypto squad, if you're scrolling through the charts on this wild Thursday in December 2025 and $MMT/USDT just caught your eye, strap in because this DeFi darling on the Sui blockchain is flashing some seriously bullish vibes after what felt like an eternity in the bearish basement. We're sitting pretty at around $0.2185 right now, up a juicy 8.44% in the last 24 hours with volume exploding to over $23.9 million—that's not just noise, folks; that's real buyers piling in after the token's brutal 70% crash post-Binance listing back in November, when it skyrocketed 1,330% only to test our nerves like a bad horror flick.
But here's the glow-up: Momentum Finance just fired up their buyback program using DEX fees to scoop up and redistribute $MMT to loyal veMMT holders, slashing circulating supply and igniting that scarcity spark that's got the RSI screaming oversold at rock-bottom levels, hinting at a classic reversal setup.
The candlesticks are painting a beauty too—price bounced hard off that $0.1997 low like it had a personal vendetta, now hugging above the MA(7) at $0.2054 and the MA(25) at $0.2129, with the MACD histogram flipping positive for the first time in weeks and that purple EMA line curling up like it's ready to party. Toss in the fresh Perp DEX launch on Sui that's already clocking $25 billion in volume and pulling in Bitcoin liquidity via xBTC integrations, and you've got fundamentals that scream "undervalued gem" in a market where Sui's TVL is blasting past $2.5 billion overall.
Sure, we've got headwinds like those looming token unlocks in early 2026 and Bitcoin's dominance flexing at 58%, but with the Fear & Greed Index dipping into extreme fear territory (hello, dip-buying opportunity!), this feels like the perfect storm for a sentiment flip—especially as $MMT's ve(3,3) governance model rewards the patient holders and institutional backers like Coinbase Ventures are already up 10x from their seed round.
For the long trade signal, I'm calling entry around these current levels at $0.2185 or on a quick dip to test $0.2119 support— that's your golden retest zone where the green volume bars are stacking up like firewood. Set a stop-loss tight below the recent low at $0.199 to guard against any fakeout wicks, aiming for 1-2% risk on your position size because, let's be real, crypto loves to test our souls. First target? That psychological $0.23 resistance where the 24h high sits at $0.2277—bag 20-30% profits there if we punch through clean, but don't sleep on the stretch plays to $0.25 (near the MA(99) at $0.2405) or even $0.30 if the broader altcoin rally kicks in with BTC stabilizing above $90K. The order book is lopsided bullish too, with 53.99% green buys dominating, so momentum could snowball fast once we clear that overhead supply. This isn't just chart voodoo; it's backed by real utility in a DeFi sector that's heating up, with $MMT's tokenomics evolving to crush inflation and boost yields—think sustainable APYs that could lure in those sidelined whales we've seen nibbling lately on X.
I've been riding Sui plays for months, and this one's got that same electric feel as early $SUI pumps—oversold, overhyped in the wrong way, but primed for redemption.
What do you all think, fam? You loading up on this bounce or waiting for more confirmation? Spotted any sneaky whale accumulations I missed, or is the macro too spooky right now? Drop your takes below, share if you're feeling the vibe, and let's turn this thread into a strategy sesh—who's got the boldest target call? 🚀💥
