🟢 $M USDT – Strong Bullish Breakout 🟢
📈 +12.43% | Price Exploding with Strength
Timeframe: 15m
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🔍 Technical Snapshot:
Price: $0.3791 (near day’s high of 0.3818)
MA(7): 0.3661 — clean support
MA(25): 0.3455 — rising trend
MA(99): 0.3325 — solid base below
RSI(6): 83.00 🚨 — highly overbought
Volume: Increasing, confirming move ✅
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⚡️ Price Action Insight:
Massive upward momentum from $0.3073 → $0.3818 with no significant rejection yet. Candles remain strong, body-heavy, and above all short-term moving averages.
This is a classic breakout and continuation pattern. Price consolidated at mid-levels and launched higher — possibly forming a mini flag/pennant earlier that just broke out again.
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🎯 Trade Plan – (Momentum Long):
Entry Zone: $0.3780–$0.3800 (on continuation candle)
TP1: $0.3900
TP2: $0.4050
TP3: $0.4200
SL: $0.3650 (below 7 MA and recent wick base)
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⚠️ Risk Warning:
RSI at 83 = overbought — could cause pullback or consolidation
Don’t chase entry if RSI crosses 85 and candle shows long upper wick
Ideal for scalpers and quick profit-takers
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✅ Summary:
$M USDT is in full breakout mode, backed by strong volume and clean MA alignment. Overbought conditions suggest it's wise to ride with tight stop or wait for a slight dip to enter.
This is momentum trading territory — fast in, fast out! 🚀📊