“Masked Drop” — $ME Pulls Back After NFT Hype Surge💯✅
just retraced, cooling off from the $1.13 zone after a hype-driven spike. Volume remains strong and price is hovering near key intraday support ($0.89–$0.91). This might be a healthy pullback in an emerging uptrend, provided support holds.
Entry
Buy range: $0.895 – $0.925 — near the demand zone of recent bounce and wick base.
Targets
Target 1: $1.02 — minor resistance from mid-pump
Target 2: $1.13 — 24h high and reaction ceiling
Target 3: $1.20 — psychological and Fibonacci extension zone
Stop Loss
$0.865 — below recent low and volume void; conservative protection.
Key Levels
Support: $0.896 and $0.865
Resistance: $1.02 and $1.13
Pivot: $0.975 — watch this mid-zone for reclaim or rejection
Pro Tip
Look for volume/price divergence or reclaim of $0.95 on lower timeframes for confirmation. If NFT sector strength returns, ME could front-run other tokens again — great for reactive trading.