$MMT just printed a strong impulsive breakout after a clean base around 0.2199. Sellers were fully absorbed on the pullback and buyers stepped in aggressively pushing price straight into the 0.2407 high. This is continuation strength not a weak spike.
Structure is clearly bullish with higher lows and a decisive displacement candle. Price is holding near the high which shows confidence from buyers and no panic selling.
Here is the setup taken only from this chart.
Entry Point
0.2360 – 0.2310
Target Point
TP1 0.2460
TP2 0.2550
TP3 0.2680
Stop Loss
0.2245
As long as price holds above the 0.2310 support zone momentum remains bullish. A shallow pullback is healthy and continuation toward higher liquidity levels is favored.
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MMT
0.2083
-2.89%