Key Support 4H: 0.3118 USDT
Key Resistance 4H: 0.3579 USDT
$MMT Current Trend: Consolidating with Bearish Bias
📝 Technical Indicators Overview:
1. Volume Analysis: Recent 4h candles show declining volume (from 421M to 2.1M in latest candle), indicating lack of conviction in current price movements.
2. Capital Flow: Consistent outflows across multiple timeframes (2H: -1.19M, 4H: -433K, 6H: -2.21M) confirm money leaving the market. Spot flows also negative majority of periods.
⚡⚡Analysis Result
Direction: Cautious Short (Bearish)
📍Entry Timing: Near resistance at 0.3480-0.3520 or breakdown below 0.3280
🗑️Stop Loss: 0.04138
💰Target Price: 0.3150 - 0.3180
Note: The high negative funding rate and consistent capital outflows suggest continued weakness, but the oversold KD/RSI readings require careful position sizing.