$M /USDT LONG TRADE SETUP
$M is trading at 1.4662, showing solid bullish momentum with a +1.08% gain. The token has bounced strongly from the 1.3929 support level and recently tested the 1.4876 high before a minor pullback. Price action displays a clean uptrend with higher lows forming, indicating sustained buyer interest.
Target Points
TP1: 1.4900
TP2: 1.5300
TP3: 1.5700
Stop Loss
Set stop loss below 1.4300 to limit downside risk.
Technical Overview
• 24h High: 1.6239
• 24h Low: 1.3929
• RSI(6): 74.0683 - Approaching overbought
• Volume: 10.73M (M) / 15.93M (USDT)
The chart shows a strong recovery rally with the price consolidating near recent highs. RSI at 74.07 indicates strong bullish momentum but approaching overbought territory. The uptrend structure remains intact with support holding well above 1.4500. Watch for a breakout above 1.4900 for continuation.
Buy and Trade here on $M
