$MMT /USDT BEARISH PRESSURE BUILDS AS PRICE REJECTS KEY MOVING AVERAGES
MMT/USDT is currently showing clear bearish momentum after dropping –13%, with price failing to hold above the short-term MAs. The 7-MA (0.2471) and 25-MA (0.2495) are acting as resistance, while the price sits dangerously close to the lower support zone around 0.2146. The inability to reclaim 0.2640–0.2730 signals weakening buyer strength and potential continuation to the downside as sellers dominate.
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🔻 Trade Setup (SHORT)
Entry: 0.2480 – 0.2520
Take-Profit (TP):
• TP1: 0.2370
• TP2: 0.2250
• TP3: 0.2140
Stop-Loss (SL): 0.2620
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📉 Short Market Outlook
Momentum indicators and moving averages show a clear downward trajectory. If MMT fails to bounce from the 0.2248–0.2146 support region, further decline toward the 0.21 zone is likely. Bulls need a strong recovery above 0.2640 to shift structure, but currently, the market favors sellers.
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