🚨 $ME
Short Watch — Signs of Exhaustion After Strong Rally 📉👀
After a rapid upside move, $ME is now showing slowing momentum and weaker follow-through. Price is struggling to hold higher levels, suggesting buyers may be losing control in the short term.
When sharp rallies start to stall, the market often looks for lower liquidity zones before the next major move. If price cannot regain the 0.1930 – 0.2000 area with strong volume, downside pressure may increase.
📌 ME Short (5X) Plan
Entry: 0.182 – 0.188
Stop Loss: 0.2065
Target 1: 0.168
Target 2: 0.152
Target 3: 0.138
📊 Market Notes:
• Recent +30% move increased volatility
• Rejection near recent highs
• Potential pullback toward 0.1600 – 0.1340 zone
This setup requires strict risk control due to fast price swings. Always trade with proper position sizing and a defined stop.
Stay patient. Stay disciplined. 📈📉