Short trade signal 🚦🔴

$MMT showed extreme volatility after a sharp pump, reaching a high near $4.47 before facing heavy rejection. Strong selling pressure has taken over, forming a clear bearish engulfing pattern on the hourly chart. Momentum now favors the downside as bulls lose control and profit-taking continues aggressively.

Trade Setup

Entry Range: 1.78 – 1.90

Target 1: 1.40

Target 2: 1.10

Target 3: 0.80

Stop Loss (SL): 2.05