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Gate ELSA Futures Trading Challenge is Now Live!
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【$MMT Signal】Long + Volume and Price Breakout
$MMT Strong breakout after a 27% increase in volume, combined with a simultaneous rise in open interest, is a typical signal of institutional entry rather than a short squeeze.
🎯 Direction: Long
🎯 Entry: 0.238 - 0.242
🛑 Stop Loss: 0.225 ( Rigid Stop Loss )
🚀 Target 1: 0.265
🚀 Target 2: 0.285
Price action shows buying pressure continuously absorbing at the breakout level, indicating healthy high-level consolidation. The increase in both volume and open interest confirms bullish momentum, and no panic selling occurred during the LTF pullback. As long as the price can stay above 0.235, the upward path will remain clear.
Trade here 👇 $MMT
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