MMTUSDT Forming Bullish WaveMMTUSDT is forming a clear bullish wave pattern on the daily and 4-hour charts, a powerful continuation signal that underscores surging momentum in the Sui DeFi ecosystem amid late 2025's altcoin volatility. The price has been advancing through a series of higher highs and higher lows around $0.40, reflecting strong buyer conviction following the recent 94% daily pump and buyback program launch that tightened supply dynamics. With good trading volume exploding to over $1 billion in the last 24 hours—dominated by Binance's MMT/USDT pair—the setup signals robust accumulation, as RSI surges past 70 and the wave structure aligns with Momentum's ve(3,3) governance incentives. The projected move could lead to an impressive gain of 290% to 300%+ once the price clears the $0.50 resistance, targeting explosive levels up to $1.60 in the midterm uptrend.
This bullish wave pattern typically unfolds during recovery phases or established uptrends, symbolizing a decisive pivot to optimistic sentiment as MMTUSDT rebounds from its October lows near $0.29. Traders closely watching MMTUSDT are highlighting the intensifying impulse waves driven by over 2.1 million users, $600 million TVL, and $26 billion in cumulative volume, which position Momentum as the Sui chain's premier liquidity hub. The good trading volume adds confidence to this pattern, demonstrating that market participants are piling in early ahead of further ecosystem expansions like cross-chain RWA trading and liquidity incentives.
Investors’ growing interest in MMTUSDT reflects rising confidence in the project’s long-term fundamentals, from the November 10 buyback initiative using DEX fees to the airdrop resolution deadline that could spark renewed FOMO. If the wave confirms with sustained volume on a push above $0.45, this could unleash the start of a massive bullish extension, bolstered by listings on Bitget and LBank. Traders might find this a valuable setup for medium-term gains, especially as the bullish wave matures and buying momentum propels toward $2+ in the 2025 DeFi surge.
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