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📊 $MMT A solid and cohesive accumulation pattern is forming at a key resistance level!
📍 Entry Zone: 0.1670 – 0.1700
🎯 Target: 0.1800
🛑 Stop Loss: 0.1620
The price is currently showing a series of consecutive higher lows, reflecting active buying accumulation beneath the supply/resistance zone near the top. We also note a clear contraction in the trading range, a typical behavior that usually precedes a sharp expansion wave after a resistance breakout.
The current scenario gives you a clear invalidation point below the last swing low. With the price range narrowing, are you ready for the breakout or do you prefer to wait for a confirmed retest?
⚠️ Warning: This is not investment advice, always manage your own risk.
#USMayPCEInflationRisesTo4.1%HighestIn3Years MMT #تداول #تحليل_فني #Market_Structure