🚨 $ME Pullback Analysis: Opportunity in the Making?

1. 🎯 Trade Setup:

Entry Zone: $0.0120–$0.0125

This price range sits right above a strong support area, historically acting as a rebound zone during past corrections. Ideal for those planning a strategic entry on this dip.

Stop Loss: Below $0.0115 — staying tight to minimize downside risk if momentum fails.

Take Profit Targets:

TP1: $0.0135 – Matches a recent lower high, a likely take-profit zone for early movers.

TP2: $0.0150 – Near the breakout level from last week’s surge.

TP3: $0.0175 – A psychological resistance with prior significance on high volume days.

2. 📊 Current Price:

At the time of this post, $ME is trading around $0.0128, slightly up from today’s low of $0.0121. Bulls are watching closely for signs of reversal confirmation on the 1H chart.

3. 📈 Market Structure:

Despite the ongoing retracement,$ME maintains a bullish structure, printing consistent higher lows on the 4H timeframe. This pullback aligns with the Fibonacci 0.382–0.5 zone — a prime area for continuation plays. Eyes are now on the next breakout attempt above $0.0135.

4. 💡 Pro Tip:

Watch the volume profile near $0.0122–$0.0125. If you see a bounce with increasing volume and a bullish engulfing candle, that’s your green light. Stay sharp — altcoin sentiment is shifting fast, and early positioning could pay off big.

📢 Are you stacking ME on this pullback or waiting for confirmation? Let us know your game plan below! 👇