$ME /USDT – Bearish Pressure Mounts Near Key Support
$ME has dropped to $0.805, with lower highs forming and price hovering just above critical support. Sellers appear in control as price rejects near $0.810 and volume remains muted, signaling weak buying interest.
Snapshot:
Current Price: $0.805
24H High: $0.820
24H Low: $0.789
24H Volume: 2.70M ME
Trade Setup:
Entry Zone: $0.805 – $0.807
Final Target: $0.796
Stop Loss: $0.830
Why This Setup Works: Clear rejection from a local high with consistent lower highs. Short-term breakdown possible if $0.800 fails.
Risk Strategy: Set tight stop and monitor 15m candle closures for confirmation.
Take short trade here on $ME