$M — Structure broken, no real buyer defense, just slow bleed continuation.

Short $M

Entry: 2.99–3.00

SL: 3.08

TP1: 2.85

TP2: 2.70

TP3: 2.50

This rebound has pushed into a zone where seller defense is strengthening around 2.99–3.00, while momentum on the 1h looks increasingly weak. Structure suggests demand is meeting absorption, not driving recovery. Book is 93% asks — sellers aren't leaving. If this level rejects cleanly, downside rotation opens toward 2.70 and potentially 2.50 on continuation.

Trade $M here 👇

MBSC
MUSDT
3.3069
+2.97%