Update $MMT /USDT
MMT is in a potential Wyckoff re-accumulation phase, showing a Sign of Strength (SOS) as it breaks out from a consolidation range with key support around $0.3136 and major resistance at the $0.46 high.
Bullish Scenario: A successful hold above the $0.34 level would confirm a Last Point of Support (LPS), targeting the $0.40 and $0.46 resistance levels.
Bearish Scenario: A failure and break below the $0.33 support zone would signal a lack of demand, risking a fall back to test the range low at $0.3136.
Entry: 0.3450
SL: 0.3100
TP: 0.40 / 0.46
Do you think this momentum is strong enough to retest the recent highs? Share your trade below! If you are ready, then some coin names below are my suggestions. Thanks for the support!
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