🧵 $MMT Long position strategy | Daily chart contracting triangle end, wait for breakout or pullback

💬 Which coin should I analyze? Leave a comment in the comment section. This is just personal analysis sharing, not investment advice.

📌 Current market condition

· Current price: around 0.133
· Structure: Daily chart at the end of a contracting triangle, volatility compressed, trend reversal imminent
· Nature: Chips highly concentrated (strong institutional control), once a breakout occurs upward, the explosive power could be strong

📌 Trading plan

· Entry methods:
· Aggressive: Light position at current price 0.133 to try long
· Conservative: Wait for a pullback to the 0.130 - 0.131 range before entering
· Right side: Wait for the daily chart to stabilize above 0.137 before following up
· Stop-loss level: 0.1275 (bottom of the triangle, exit if broken)
· Position suggestion: Light position (2%-3% of total funds)

Take profit levels (in parts):

· TP1: 0.1415
· TP2: 0.152
· TP3: Trailing stop (if breakout occurs and space opens up, hold and observe)

📌 Core logic

The daily triangle is compressing at the end, once a strong institutional coin breaks out with volume, profit and loss are favorable. Lightly try long at current price, or wait for around 0.131 to enter, stop-loss at 0.1275. If it breaks above 0.137, add to the position on the right side.

At the end of the triangle, lightly try long, wait for the wind to come.