$M continues to trade under bearish pressure, with sellers maintaining control after another failed recovery attempt. 📉
Possible plan 👇
🔴 Short Zone: $0.7400 – $0.7600
🎯 Target 1: $0.7000
🎯 Target 2: $0.6707
🎯 Target 3: $0.6200
❌ Invalidation / Stop Loss: Above $0.8000
The overall trend still favors the bears. A rejection around the $0.74–0.76 area could open the door for another move toward the $0.6707 support. 📉
Possible plan 👇
🔴 Short Zone: $0.7400 – $0.7600
🎯 Target 1: $0.7000
🎯 Target 2: $0.6707
🎯 Target 3: $0.6200
❌ Invalidation / Stop Loss: Above $0.8000
The overall trend still favors the bears. A rejection around the $0.74–0.76 area could open the door for another move toward the $0.6707 support. 📉