$M IS HITTING A MAJOR RESISTANCE ZONE THAT HAS REJECTED IT THREE TIMES 📉
No specific entry or stop levels available in the input. Signal section omitted.
The current price is pressing into a well-defined supply level that has capped every rally attempt since May. Each test has produced a sharp rejection with increasing downside volume — classic distribution behavior. Open interest is climbing while price stalls, suggesting late longs are being trapped.
If this structure holds, a move toward the next liquidity pool below is the most probable path. What’s your read on this level?
Not financial advice. Always manage your risk.
#M #ShortSetup #Resistance #Crypto 📉