$M /USDT – SHORT

The recent rally into the 3.24–3.25 resistance zone has been met with strong rejection. Price failed to secure a breakout above resistance and is showing signs of exhaustion after an extended bullish move.

Sellers remain in control, and any bounce could be viewed as an opportunity to join the downside move.

🎯 TP1: 3.10

🎯 TP2: 3.02

🎯 TP3: 2.98

🛑 SL: Above 3.28

Bias: Bearish while below 3.25 resistance.

Summary:

Strong rejection at resistance, weakening bullish momentum, and failure to break higher suggest a potential downside continuation. I'm looking for further downside as long as price remains below the recovery rejection zone around

MUSDT

Διην.

2.9264

-7.71%

3.24–3.25.