【$MMT Signal】Pullback to buy, market support reveals intentions

$MMT 1H level surge and pullback, current price 0.1398. 4-hour MACD shows shrinking red bars, but the fast and slow lines remain above zero. 1-hour RSI has fallen from high levels to 62, with buy depth in the 0.138-0.139 range unusually thick, far exceeding sell orders, fully exposing the support intent. Negative funding rate as high as -0.66%, indicating huge cost pressure for short positions.

🎯Direction: Long

⚡Entry/Order: Layered entries between 0.1301 - 0.1334

🛑Stop loss: 0.1239

🚀Target 1: 0.1715

🚀Target 2: 0.1906

🛡️Trading management:
- Execution strategy: Reduce 50% of positions after reaching Target 1, and move stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.

Position remains stable; the price has fallen from the high of 0.148 but did not trigger panic selling, indicating good chip locking. The 1-hour EMA20 at 0.1341 provides dynamic support, closely aligning with the suggested entry zone. This combination of market depth and negative funding rate often signals the buildup of a short squeeze. Risk-reward ratio exceeds 4, making it worthwhile to take limited risk for a bullish rebound.

View real-time market 👇 $MMT
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#Gate广场四月发帖挑战 #假期持币指南 #加密市场行情震荡