📉 $ME /USDT – Signs of a Short-Term Reversal or Just a Bounce? 🔄
ME is trading at $0.752, down -2.46%, after bouncing from a 24h low of $0.735.
The price recently broke above the mid-Bollinger Band ($0.749) on the 15m chart and tapped the upper band ($0.754), indicating a short-term recovery attempt.
This may be a potential scalp setup if volume holds and price sustains above $0.749 support.
📊 Quick Trade Plan:
• Entry: $0.751 – Entry on reclaim of upper band
• TP1: $0.756 – Upper Bollinger Band retest
• TP2: $0.763 – Minor resistance
• TP3: $0.770 – Previous high
• SL: $0.743 – Below Bollinger base
⚠️ Momentum is fragile — watch volume closely before entering.
Good opportunity for agile traders aiming for quick moves.