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For months, almost nobody was paying attention to $MMT . Now the chart is starting to tell a very different story.
After spending a long time building a base near the lows, buyers are finally stepping back in. The strong bounce from the $0.10 area shows that demand is returning and momentum is shifting back in favor of the bulls.
MMT has successfully held support and broken out of its recent range, starting what looks like a fresh recovery move. This is a great example of why major support zones often provide the best risk to reward opportunities.
The latest breakout suggests the accumulation phase may be over, with a new upward trend beginning to take shape. As long as price remains above the $0.16 to $0.17 area, the bullish structure stays intact.
Targets to watch:
Target 1: $0.23
Target 2: $0.25
Extended Target: $0.30
The trend is improving, momentum is building, and the recovery from the lows continues to strengthen. Those who accumulated near support are already seeing the benefit of their patience.
#TradFiCFDGoldMasters #GateProofOfReservesReport