$M AT $1.75 SUPPORT – STRUCTURE POINTS TO A LIQUIDITY SWEEP 🎯
Entry: 1.75 🔥
Target: 2.10 🚀
Stop Loss: 1.48 ⚠️
This zone is where buy-side orders have clustered twice this month, and the current sweep below the previous low at $1.70 suggests a classic stop hunt. Volume is declining on the daily, which often precedes a reversal when combined with this support level.
The risk-to-reward here is roughly 1:1.3 to first target, but if momentum resumes, the move could extend beyond $2.45. Are you watching for confirmation at the close above $1.82 or already positioned?
Not financial advice. Always manage your risk.
#M #LongSetup #SupportBounce #Crypto #Breakout
🎯
Entry: 1.75 🔥
Target: 2.10 🚀
Stop Loss: 1.48 ⚠️
This zone is where buy-side orders have clustered twice this month, and the current sweep below the previous low at $1.70 suggests a classic stop hunt. Volume is declining on the daily, which often precedes a reversal when combined with this support level.
The risk-to-reward here is roughly 1:1.3 to first target, but if momentum resumes, the move could extend beyond $2.45. Are you watching for confirmation at the close above $1.82 or already positioned?
Not financial advice. Always manage your risk.
#M #LongSetup #SupportBounce #Crypto #Breakout
🎯