$M : the downward pressure is intensifying; sellers remain in control
The #M continues to evolve under strong selling pressure after falling from the $1.20 zone. The 1-hour structure remains bearish, with highs and lows increasingly lower, while the price is currently testing the support zone at $1.04. A weak rebound toward resistance could provide a short-selling opportunity.
Entry: $1.045 – $1.055
Targets: $1.015 / $0.965 / $0.913
Stop-loss: $1.088
Sell and trade
$ZEC
$BTW
The #M continues to evolve under strong selling pressure after falling from the $1.20 zone. The 1-hour structure remains bearish, with highs and lows increasingly lower, while the price is currently testing the support zone at $1.04. A weak rebound toward resistance could provide a short-selling opportunity.
Entry: $1.045 – $1.055
Targets: $1.015 / $0.965 / $0.913
Stop-loss: $1.088
Sell and trade
$ZEC
$BTW
