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$M sharp pump followed by strong rejection wick
Short $M
Entry: 2.35 – 2.55
SL: 2.90
TP1: 2.20
TP2: 1.99
TP3: 1.80
TP4: 1.65
Why:
Big impulsive move got instantly rejected from highs, showing sellers stepping in hard. These kind of spikes usually retrace as early buyers take profit and momentum cools down.
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{future}(MUSDT)