🔥 *$M USDT (MUSD Tether Perpetual) – Pro‑Trader Coin Update* 🔥
*Market Overview*
MUSDT is trading at *1.3606* with a sharp 12.39% drop in the last 24 h, pushing the price into a bearish zone. The 24 h high was 1.5639 and low 1.3160. Volume spiked to 17.05 M USDT, showing strong market activity amid the sell‑off. Binance Futures just launched USDⓈ‑Margined MUSDT, adding fresh liquidity.
*Key Support & Resistance*
- *Support*: 1.3460 (immediate) → 1.3160 (strong floor).
- *Resistance*: 1.3670 (MA 25) → 1.3851 (MA 99) → 1.4005 (psychological ceiling).
*Next Move Expectation*
The chart shows a breakdown below the 7‑period MA (1.3594), signalling short‑term weakness. Expect a test of 1.3460; if it holds, a rebound toward resistance is possible; if it breaks, we could see a deeper slide to 1.3160.
*Trade Targets (TG)*
- *TG1*: 1.3670 (first resistance re‑take).
- *TG2*: 1.3851 (MA 99 breakout).
- *TG3*: 1.4005 (mid‑term bullish target).
*Short‑Term Insight*
In the next 1–4 h, watch the 1.3460 zone. A bounce here can set up a scalp long with tight stop‑loss below 1.3437. Momentum indicators (volume spikes) suggest a possible quick reversal if buyers step in.
*Mid‑Term Insight*
On the daily view, MUSDT needs to reclaim the 1.3851 MA 99 to flip the trend bullish. Otherwise, the bias stays bearish with a potential slide toward 1.3000 if support fails.
*Pro Tip*
Set a *trailing stop* at 1.3530 when entering long at 1.3460 to lock profits as the price climbs toward TG1. Use 3× leverage max and keep position size <5% of capital to manage the current volatility.
