$M Price Action Update

After an explosive rally from 0.14 to 0.95, $M delivered a jaw-dropping +570% run within 3 days — but the parabola finally snapped.

A massive rejection from 0.9560, forming a steep red candle to 0.6192, but bulls quickly stepped in. Price now reclaiming short-term momentum near 0.7701.

15mins & 1hr Charts Outlook

Price retraced sharply after topping out, with the yellow MA7 cutting below MA25 — a short-term bearish signal. However, recovery attempts are visible with strong wicks and volume pickup.

4Hr Chart Outlook

Still in strong uptrend structure. Even with correction, price holding above MA7 (0.6284) and trading far above MA25 (0.3605). The trend remains bullish unless 0.628 is lost.

⚠️ Key Levels to Watch

• Support: 0.628 / 0.559

• Resistance: 0.813 / 0.956

• Volatility: High – expect wild swings both ways

Conclusion : If bulls hold above MA7 on 4H, another push toward the highs is possible. Caution still advised — trade with discipline.