$MMT /USDT SHORT TRADE SIGNAL 🔻
MMT is showing weakness after failing to hold key support around 0.55. Bears are likely to push the price lower in the short term, presenting a potential shorting opportunity.
Trade Setup:
Entry: 0.550
Take Profit 1: 0.520
Take Profit 2: 0.495
Take Profit 3: 0.470
Stop Loss: 0.575
Key Levels:
Resistance: 0.575–0.590
Support: 0.520 / 0.495 / 0.470
Market Outlook:
The market shows bearish momentum on the 4H chart. A break below 0.520 could accelerate the downside, while any recovery above 0.575 may invalidate this setup.
