$M Strong Rally Exhaustion, Short-Term Pullback Setup

Trade Setup: Short

Entry Zone: $3.70 – $3.85

TP1: $3.50

TP2: $3.20

TP3: $2.85

SL: $3.95

M has already printed a strong +25% move and is now showing rejection near the $3.85–$3.90 zone. Momentum is fading and price is struggling to hold higher levels, indicating profit-taking pressure after the pump.

If $3.65 breaks, downside continuation toward $3.50–$3.20 is likely as the market corrects the overextended move and clears liquidity below.

MBSC
MUSDT
3.4988
-2.96%

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