$ME
/USDT Technical Analysis
Trend: Bearish 🐻🔻
ME is struggling to break above resistance near $0.730 and is showing signs of weakness. With declining volume and lower highs, a further drop looks likely.
Entry Zone:
🔹 $0.727 – $0.730
Targets 🎯:
🎯 Target 1: $0.720
🎯 Target 2: $0.705
Stop Loss:
🔺 $0.735
Bearish Signals:
❌ RSI dipping below 45 – selling pressure rising
❌ MACD shows bearish crossover
❌ Price rejected from key resistance zone
A clean break below $0.725 could trigger a deeper pullback. Caution for long positions; bears may take control in the short term.
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