I’m watching $MMT right now and the chart is showing strong momentum after that clean higher-low bounce on the 15m. Price broke out, pulled back, and is holding above the last demand zone. I’m keeping it simple and trading the strength.
Trade Setup (Long)
Entry Zone: 0.2260 – 0.2290
Target Points:
• First target: 0.2380
• Second target: 0.2440
Stop Loss: 0.2180
This setup works because the trend is shifting up with higher highs and higher lows and buyers stepped in exactly where they should. As long as price holds above the demand zone the move can extend.
