💰$MMT is currently trading around $0.1602, remaining under sustained selling pressure as bearish momentum continues to strengthen.
Technical Analysis (4H timeframe):
🔴 The price is trading below key short-term moving averages, while the SHORT Sequence 3 signal confirms that sellers remain firmly in control. Consecutive bearish signals indicate the downtrend is becoming increasingly established.
⚠️ The $0.163–$0.166 range acts as immediate resistance. Unless buyers reclaim this zone with strong volume, any recovery attempts are likely to face renewed selling pressure.
📉 Initial support is located around $0.157–$0.158. A break below this level could extend the decline toward $0.152–$0.154.
Outlook: The short-term trend remains strongly bearish, supported by three consecutive short signals and persistent selling momentum. A decisive breakout above $0.166 would weaken the current bearish structure; otherwise, the downside bias remains firmly intact.
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