$M higher-low sequence intact as bullish momentum rebuilds.
LONG: M
Entry: 1.54 – 1.57
Stop-Loss: 1.42
TP1: 1.70
TP2: 2.10
TP3: 2.78
After the aggressive sell-off, M carved out a rounded accumulation base and transitioned into a steady higher-low structure. The reclaim of the mid-range level marked a clear shift in control back to buyers.
The recent push higher came with constructive volume, suggesting genuine demand rather than a short-lived relief rally. Price is now stabilizing above reclaimed structure, which typically acts as a springboard for continuation if defended.
As long as 1.42 remains intact as the invalidation level, the setup favors continued upside expansion toward the projected targets.