$M the bounce ran straight into supply and got rejected.

Short $M

Entry: 1.45 – 1.52

SL: 1.68

TP1: 1.32

TP2: 1.20

TP3: 1.08

The upside attempt faded quickly as sellers stepped in on the first test, signaling the move was corrective, not a real trend change. Momentum is turning back down and buyers are failing to gain acceptance above this zone, leaving the path open for further downside continuation.