$MMT /USDT — Spike, Distribution & Cool-Off Phase

MMT saw a sudden impulsive pump followed by a fast rejection, and is now trading around 0.2085.

🔹 Price Action

Strong vertical move → liquidity grab above

Immediate pullback → profit-taking / distribution

Current price → stabilizing near base

🔹 Key Levels

Support: 0.200 – 0.203

Current Zone: ~0.208

Resistance: 0.220 – 0.230

🔹 Market Read This looks like a classic spike-and-fade structure. Price is cooling off and forming a short-term balance after the volatility expansion.

🔹 Scenarios

Bullish: Hold above 0.203 and reclaim 0.220 → continuation possible

Bearish: Loss of 0.200 → deeper retrace toward prior range

🧠 Final Note No confirmation yet. Let price decide after consolidation.

⚠️ Not financial advice. Trade with risk management.

MMTUSDT

Perp

0.2119

+3.56%