$M has staged a strong recovery after its sharp decline, but I'm not convinced the comeback is sustainable. From my perspective, the recent rally looks more like a relief bounce than the start of a new long-term uptrend. If price pushes into the $1.25 area and shows signs of rejection, I'll be watching for a potential short opportunity. Of course, this is only my trading view, and the market can always prove it wrong, so confirmation and disciplined risk management remain essential.

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