🚀 ME/USDT TECHNICAL ANALYSIS & SIGNAL $ME
Market Sentiment: The chart shows a recent massive spike followed by a cooling-off period. After hitting a local high of $0.2559, the price is currently consolidating near $0.1888. On the timeframe, we are seeing a "Lower High" pattern, suggesting that the initial bullish momentum is fading and a short-term correction or "Short" opportunity is forming.
If the price fails to break back above the yellow EMA line, we expect a slide toward the previous support zones.
Direction: SHORT 🔴
Entry Zone: $0.1890 – $0.1950
Leverage: 3x - 5x
🎯 TAKE PROFIT (TP) TARGETS:
Target 1: $0.1750
Target 2: $0.1620
Target 3: $0.1430
🛡️ RISK MANAGEMENT:
Stop Loss (SL): $0.2120
