$ME went from quiet accumulation around 0.13 straight into a vertical impulse up to 0.25... that’s not random buying, that’s expansion after compression.

Right now it’s sitting near 0.21–0.22, which is basically mid-range of the breakout candle. If bulls defend 0.20–0.205, continuation toward 0.26 and possibly higher is still on the table.

Lose 0.20 cleanly, and $ME likely pulls back deeper toward 0.18 to cool off.

Momentum is strong... just don’t chase the top wick.