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$MMT 🟢 MMT/USDT Market Analysis & Short-Term Outlook
The MMT price showed an explosive surge earlier today — jumping from $0.38 to $4.61, before retracing back near $1.00, where it’s currently consolidating.
This strong volatility signals early speculative momentum followed by profit-taking. However, the RSI (6) and KDJ indicators now show the token entering a potential stabilization zone, suggesting buyers might slowly regain control if volume strengthens again.
Current Observations:
📊 Price holding near $1.00 support level
⚡ RSI at 35 indicates short-term oversold recovery potential
📉 Declining OBV hints at cooling volume — consolidation likely
⏰ On the 15-minute chart, price is stabilizing after rapid correction
Predictions by Timeframe:
Short-term (15m–1h): Possible sideways consolidation between $0.9–$1.2
Mid-term (4h–1D): If support holds, a rebound toward $1.6–$2.0 is possible
Long-term: Sustained accumulation could re-target $3.0+, depending on liquidity and project updates
🧭 This analysis is based on personal interpretation of market data and not financial advice. Always conduct your own research before trading.