$M Momentum Fading After Parabolic Pump ⚠️

After a strong vertical move, $M is now showing signs of exhaustion. Price is struggling to hold highs with weak consolidation — a classic setup before a pullback.

🔻 SHORT Setup: Entry: 2.40 – 2.46

SL: 2.62

🎯 Targets: TP1: 2.28

TP2: 2.12

TP3: 1.95

If price loses the 2.35 support, downside can accelerate fast with panic selling and liquidations.

⚡ Key Insight: Parabolic rallies don’t sustain for long — smart money often exits during sideways moves at the top.

Manage risk properly & wait for confirmation before heavy entries.

#Crypto #Trading #Binance #ShortTrade

$M

MBSC
MUSDT
3.4372
-2.94%