Latest METTI TOKEN (MTT) Price Analysis

Deep Dive

1. Token Unlock Impact (Bearish Impact)

Overview: On August 21, 2025, MTT tokens from Launchpad rounds became withdrawable via BSC, potentially flooding the market with 50,000+ tokens (@onfaofficial).

What this means: Early investors or participants may sell unlocked tokens to secure profits after MTT’s 23% weekly gain. The self-reported circulating supply (108,731 MTT) implies this unlock could temporarily increase sell-side pressure by ~46%.

What to look out for: On-chain data tracking exchange inflows and wallet movements to confirm if unlocked tokens are being liquidated.

2. Technical Correction (Mixed Impact)

Overview: MTT faces resistance at its $58 pivot point after rallying 23% in 7 days. The 7-day RSI (65.32) neared overbought territory, while the 14-day RSI (52.53) cooled to neutral.

What this means: Short-term traders likely took profits near the $58 resistance, a common reversal zone. The MACD histogram (+3.68) shows bullish momentum weakening, but the price remains above the 30-day SMA ($49.16), suggesting mid-term support.

Key level: A sustained break below $55.64 (7-day SMA) could signal deeper correction.

3. Market Sentiment Shift (Neutral Impact)

Overview: Crypto fear/greed index sits at 40 (neutral), with altcoin season index dipping 4% weekly. Total crypto market cap fell 0.3% in 24h.

What this means: MTT’s drop aligns with a risk-off tilt across altcoins. However, its 23% weekly gain still outperforms the market’s 3.7% loss, reflecting lingering interest in its scarcity narrative (5M max supply).

Conclusion

MTT’s dip appears driven by profit-taking after a strong week, amplified by token unlock risks and broader caution. The project’s deflationary model and MEXC listing (August 15) provide counterbalancing support.

Key watch: Can MTT hold above $55.64 (7-day SMA) to maintain its uptrend structure?

Deep Dive

1. Token Unlock & Liquidity Boost (Bullish Impact)

Overview: On August 21, 2025, MTT’s token unlock enabled withdrawals via BSC and introduced Savings/OTC trading on ONFA Chain. This expanded accessibility and utility, aligning with a 24h trading volume spike to $1.49M (+11.29%).

What this means: Unlocks often risk sell-offs, but MTT’s integration with staking and peer-to-peer trading incentivized holding. The ability to earn interest via Savings likely reduced circulating supply while boosting perceived long-term value.

What to look out for: Sustained volume above $1M and adoption rates of Savings products.

2. Scarcity Narrative (Mixed Impact)

Overview: MTT’s team emphasizes a fixed supply of 5 million tokens and a roadmap to burn down to 1 million (source). This “digital gold” narrative gained traction as the 30-day price drop (–36.04%) created a perceived discount.

What this means: Scarcity claims can drive FOMO rallies, but MTT’s self-reported circulating supply (108,731 MTT) lacks independent verification. Bullish sentiment depends heavily on trust in the project’s burn execution.

3. Technical Breakout (Bullish Impact)

Overview: MTT broke above the 61.8% Fibonacci retracement level ($62.85) and trades above its 7-day SMA ($45.79). The MACD histogram turned positive (+2.86), signaling upward momentum.

What this means: Technical traders likely entered positions after the breakout, creating a self-reinforcing cycle. The next resistance sits at the 78.6% Fib level ($51.03), but RSI 14 (46.61) leaves room for further gains before overbought conditions.

What to look out for: A close below $62.85 could trigger profit-taking.

Conclusion

MTT’s rally reflects a mix of utility-driven demand post-unlock, speculative scarcity hype, and technical momentum. While bullish in the short term, the token’s reliance on unverified supply metrics and centralized ecosystem integrations introduces volatility risks.

Key watch: Can MTT hold above $62.85, and will Savings product uptake stabilize sell pressure?