$MTP | Ultra-Low Float Gem Bottoming Out – Reversal Spark Incoming?

$MTP is scraping the absolute floor at $0.000527 after a long bleed from 0.0011 highs, but the chart is starting to whisper "enough is enough".

We're holding right above the multi-week demand zone ~0.00038–0.00050, with multiple green volume spikes rejecting lower levels. Price is coiling tightly above MA(7) and MA(25) which are flattening out, and the massive drop in selling pressure + tiny liquidity screams potential violent snap-back when buyers step in.

With only ~$464k MC, 1.1k holders, and super thin orderbook – this is classic microcap lottery ticket setup. One good pump candle and it can easily 5–10x in days.

Entry Zone: $0.00050 – $0.00055 (current area is textbook, average down on any flush)

3 Clear Targets – Staggered & Doable:

Target 1:$0.00075 – $0.00080 (+42–52%)

First relief bounce to reclaim recent broken support → resistance + quick 50% scalp profit

-Target 2: $0.00095 – $0.00105 (+80–100%)

Next heavy volume shelf from November + psychological 0.001 zone. FOMO usually starts here

- 🎯 **Target 3:** $0.00120 – $0.00130 (+130–150%)

Push towards previous consolidation highs and the 0.0013 resistance wall. Full send if momentum builds

**Stop Loss (keep risk tight):** Below $0.00047 (~10–12% max risk) – invalidates the bottom structure if broken

Ultra high risk, ultra high reward play – size VERY small, use alerts, and be ready to take profits fast. These tiny caps move like rockets or go to zero, no in-between.

DYOR, not financial advice, just pure chart vibes! If MTP wants to multiple the gains, this could be the spot. #MTP #Microcap #AltseasonGems