$MMT
MMTUSDT – Weak Bounce, Strong Rejection Zone | Short Setup Looks Better
MMT ek weak relief bounce de raha hai after a vertical dump. Price abhi major VPVR resistance ke bilkul neeche trade kar raha hai, jaha se repeatedly rejection aaya hai.
As long as price stays below $0.44, momentum remains bearish.
Trade Plan (Short Setup)
Entry (Short): $0.405 – $0.425 (accumulate on small push-ups)
Target 1: $0.370
Target 2: $0.342
Stop Loss: $0.447 (Above VPVR resistance & recent wick zone)
My View
MMT has formed a sharp pump-rejection pattern, indicating seller strength at higher levels.
VPVR shows heavy volume resistance above $0.40–$0.44, which increases the probability of another leg down.
Momentum is still weak and buyers are not showing aggression.
Bias: Bearish below $0.44
Strength of setup: High
Disclaimer
This analysis is for educational purposes only. Not financial advice. Always trade with proper risk management.
