$M is currently trading around $1.64, pulling back after a strong rebound from the $1.16 demand zone.
What the chart is showing:
Strong bounce from major support → confirms buyers stepped in aggressively
Price rejected near $1.80, now retesting the mid-range
Current zone ($1.60–$1.62) is acting as key support
Key Levels to Watch:
Support: $1.60 → $1.55
Resistance: $1.80 → $1.95
Scenario:
Holding above $1.60 keeps the structure bullish and opens room for another push toward $1.80+
Losing this level could lead to short-term consolidation or a deeper retest
Momentum cooled, not broken.
This is where patience matters — confirmation comes with the next breakout or support hold.
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MUSDT
Perp
1.6986
+4.06%