$M IS SHOWING A BRUTAL BREAKDOWN WITH NO STRUCTURAL SUPPORT IN SIGHT 📉
Entry: 0.4635 - 0.5500 🔥
Target: 0.4180, 0.3500, 0.2800 🚀
Stop Loss: 0.7500 ⚠️
The price action on $M is currently in a freefall and trying to catch this knife is a losing game. Institutional volume is clearly pushing the short side, and the lack of a defined floor suggests we are heading for further capitulation.
I am positioned on the short side because the structural integrity of this chart has completely evaporated. With the momentum this bearish, chasing a bounce is ignoring the reality of the trend. Are you looking to short the relief rallies or staying on the sidelines?
Not financial advice. Always manage your risk.
#M #ShortSetup #Bearish #Crypto #Trading
🎯
Entry: 0.4635 - 0.5500 🔥
Target: 0.4180, 0.3500, 0.2800 🚀
Stop Loss: 0.7500 ⚠️
The price action on $M is currently in a freefall and trying to catch this knife is a losing game. Institutional volume is clearly pushing the short side, and the lack of a defined floor suggests we are heading for further capitulation.
I am positioned on the short side because the structural integrity of this chart has completely evaporated. With the momentum this bearish, chasing a bounce is ignoring the reality of the trend. Are you looking to short the relief rallies or staying on the sidelines?
Not financial advice. Always manage your risk.
#M #ShortSetup #Bearish #Crypto #Trading
🎯