MMTC LTD
Panjang

Everyone’s Buying MMTC… I’m Waiting for this to happen

1 249
✅ CT Breakout (WTF): Well-defined CT break cleared with strong bullish momentum.
✅ Volume Confirmation: Breakout candle accompanied by 269M+ volume, signaling genuine interest.
✅ Structure: Higher low before breakout reinforces structural reliability.
✅ Base Formation: Multiple weeks of tight consolidation at base builds a solid foundation for the move.

⚠️ Caution – DTF Overextension: On the daily timeframe (DTF), price shows back-to-back green candles, indicating a short-term overbought condition.
A retracement is healthy and preferred. A direct move from here risks a poor R:R swing

📌 Conclusion:
Solid weekly breakout with all structural prerequisites in place. However, due to the extended DTF structure, wait for a healthy pullback before initiating swing entries. Avoid chasing strength. Let the price offer a clean opportunity.

🔁 Following the yellow path = strategic patience + optimal R:R.


Penafian

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