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$MMT — Bullish Breakout and Momentum Recovery After Brief Consolidation
$MMT just delivered a strong impulsive breakout from the 0.21 zone, pushing to a high of 0.5404 before entering a short cooling phase. Despite the pullback, the price structure remains bullish, and the market is showing early signs of momentum returning as buyers defend higher support levels. The recent consolidation appears more like a reset than a reversal, keeping the trend intact.
Trade Setup
Entry Zone: 0.4300 – 0.4700
TP1: 0.5220
TP2: 0.5800
TP3: 0.6450
Stop Loss: 0.3840
Market Sentiment:
Sentiment around $MMT remains positive as trading volume stays elevated and price continues to form higher highs and higher lows. If the current support band holds, the market is positioned for another upward attempt. Traders are closely watching the 0.48 level, as reclaiming it with strength could reopen the path toward the recent highs.$MMT