$M REJECTED AT RESISTANCE – BEARISH STRUCTURE IN PLAY 🎯
Entry: 1.35 – 1.39 🔥
Target 1: 1.30 🚀
Target 2: 1.24 🚀
Target 3: 1.17 🚀
Stop Loss: 1.45 ⚠️
Price was sharply rejected at the 1.53–1.58 zone, printing consecutive red candles and flipping momentum to the downside. This is a classic bearish pullback setup — unless $M reclaims 1.45 quickly, the path of least resistance is lower toward 1.30, then 1.24, and eventually 1.17.
Volume on the rejection was above average, confirming seller aggression. Are you shorting this pullback or waiting for a retest of 1.45 first?
Not financial advice. Always manage your risk.
#M #BearishSetup #ShortTrade #CryptoAnalysis #Pullback
🎯
Entry: 1.35 – 1.39 🔥
Target 1: 1.30 🚀
Target 2: 1.24 🚀
Target 3: 1.17 🚀
Stop Loss: 1.45 ⚠️
Price was sharply rejected at the 1.53–1.58 zone, printing consecutive red candles and flipping momentum to the downside. This is a classic bearish pullback setup — unless $M reclaims 1.45 quickly, the path of least resistance is lower toward 1.30, then 1.24, and eventually 1.17.
Volume on the rejection was above average, confirming seller aggression. Are you shorting this pullback or waiting for a retest of 1.45 first?
Not financial advice. Always manage your risk.
#M #BearishSetup #ShortTrade #CryptoAnalysis #Pullback
🎯