$ME $ME High Risk Setup – Don’t Chase the Hype ⚠️📈
ME just printed a massive +50% intraday move. That kind of vertical push grabs attention fast, but it also raises risk just as quickly. The sharp wick up to 0.255 looks like a classic liquidity sweep — price ran stops, triggered breakout buyers, and then cooled off.
Now the real question is whether this move has structure… or if it was just fuel for exit liquidity.
Here’s what actually matters:
If 0.21 holds, we can expect short-term strength. That level becomes the line that keeps momentum alive. As long as price respects it, buyers still have control on lower timeframes.
If 0.18 breaks cleanly, expect a fast unwind. After vertical rallies, drops can be just as aggressive. When support fails in these conditions, there’s usually no slow bleed — it’s quick.
My approach is simple:
• I don’t buy straight-up green candles after a 50% spike
• If price pulls back into 0.17–0.18 and shows real stabilization, that’s where risk becomes manageable
• A clean break and strong acceptance above 0.26 opens the door for continuation
Right now, this is late-entry territory. Chasing here means you’re paying premium prices while early buyers decide whether to take profit.
In markets like this, patience pays more than excitement. Let the chart prove itself first.#BitcoinGoogleSearchesSurge