#M $M Another surge in 15m, current price $1.1911, 24h +61.11%.

Don't rush to chase this one. In 15m, it's surged again, with noticeably more people chasing.

But one thing to mention: 60% of longs are still in profit. With a funding rate of +0.023%, bullish sentiment is heating up. For a pullback, we need to see if the lower levels can hold.

In the chart, one looks at structure, the other at the candlesticks. Don't just focus on a single candle's rise or fall.

Check if $1.1613 can hold, and $1.2268 is the resistance above.