$MMT Based on the 4H dan 1D charts, MMT/USDT is currently trading around 0.193, showing clear short-term weakness. On the 4H timeframe, price is sitting near the lower Bollinger Band, indicating sustained selling pressure after a failed breakout toward 0.24.
Momentum indicators reinforce this bearish bias. The RSI on 4H is around 35, which suggests weak momentum but not yet deeply oversold. This implies sellers are still in control, though downside momentum is gradually slowing as price approaches support.
On the 1D timeframe, the situation looks more extreme. RSI near 13 signals a heavily oversold condition, often associated with panic selling or capitulation. However, oversold does not automatically mean reversal; price can remain depressed if volume and demand stay weak.
Volume analysis shows declining activity after the initial spike, suggesting that buying interest has not yet returned strongly. Moving averages are trending downward, acting as dynamic resistance around the 0.21–0.23 zone, which could cap any short-term bounce.
Overall, MMT/USDT is in a downtrend with oversold conditions. A technical bounce is possible near 0.19–0.18, but confirmation requires higher volume and RSI recovery. Without that, the market risks further consolidation or another leg down before a meaningful reversal forms.
what dou you think about #MMT ,
