$MMT T BEARISH PULLBACK AFTER MASSIVE PUMP – VOLATILITY WARNING FOR TRADERS! ⚠️📉
MMT/USDT has exploded nearly +90%, but the chart now shows a sharp rejection from the $0.53–$0.54 resistance, followed by a fast drop back toward $0.47. The large upper wicks, decreasing momentum, and MACD showing early signs of cooling suggest that buyers are losing strength after an extreme pump. Price is now hovering near a key intraday support, and a failure to hold $0.45–$0.47 could trigger a deeper correction.
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TRADE SETUP
📌 Bias: SHORT (Bearish Pullback Setup)
📥 Entry: $0.47 – $0.49 (after weak bounce or breakdown retest)
🎯 Take Profits (TP):
TP1: $0.43
TP2: $0.38
TP3: $0.32
🛡️ Stop Loss (SL): $0.505 (above the rejection wick)
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MARKET OUTLOOK
MMT is in a highly volatile phase after an oversized pump. Unless buyers reclaim $0.52 convincingly, the market favors a corrective move downward. Watch for decreasing volume and weakening momentum — signs that a deeper retracement is still likely.
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#MMT #CryptoAnalysis #BearishSetup #defi #TradingSetup $MMT
