$ME

USDT BEARISH REVERSAL SETUP – SHORT THE TOP BEFORE IT DROPS

$MEUSDT has approached a strong resistance zone near 0.748, showing rejection wicks indicating sellers stepping in. The current price is 0.742, and the structure is hinting at an upcoming downside correction after a steep rally.

🔻 Key Levels:

Resistance: 0.748

Support: 0.726 – 0.722

Current Price: 0.742

📉 Trade Setup (Short):

Entry Zone: 0.742 – 0.745

Take Profits (TP):

TP1: 0.726

TP2: 0.722

Stop Loss (SL): 0.748

📊 Market Outlook:

The pair has shown a strong upward move but is facing resistance exhaustion at 0.748. Momentum is weakening, suggesting a potential bearish correction towards 0.726 – 0.722 support area if the rejection sustains.

⚠️ Risk Management:

Trade with disciplined SL placement above resistance, risking only 1-2% per trade to safeguard capital against sudden volatility spikes.

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💭 Comment 🔻 if you’re targeting this reversal play today!

buy and trade here on $ME