MMT Just Got REJECTED HARD! šØ
Entry: 0.231 - 0.233 š©
Target: 0.200 - 0.201 šÆ
Stop Loss: Above 0.246 š
The $MMT market structure is screaming bearish. Price shot up to the 0.245-0.246 resistance, got slammed down, and is now back inside the range. This was a textbook liquidity grab, a fake breakout.
Key resistance is at 0.245-0.246, with the range high acting as sell zone between 0.231-0.233. We're looking for bearish continuation unless that resistance is reclaimed. The path of least resistance is DOWN to the 0.200-0.201 support zone.
Patience is key here. Wait for price to retrace to resistance or show weakness.
#MMT #CryptoTrading #BearishBias #Altcoins š
MMTUSDT
Perp
0.2171
+5.95%
