$ME

USDT BEARISH SETUP – SELLERS REJECTING RESISTANCE WITH STRONG PRESSURE!

Key Levels:

Current Price: 0.727 USDT

Resistance Levels: 0.734 and major resistance at 0.740 – 0.750

Support Levels: 0.721 (immediate support), stronger support at 0.712

Trade Setup (Short Entry):

Entry Zone: 0.727 – 0.728 (current area)

Take Profit (TP): 0.721 and 0.712

Stop Loss (SL): 0.734

Market Outlook:

$MEUSDT is facing continuous rejection from the 0.734 resistance zone with multiple failed attempts to break higher. Sellers are gaining momentum, and if price sustains below 0.728, a further drop towards the 0.721 support is likely, with potential extension to 0.712 if bearish momentum strengthens.

Risk Management:

Keep a tight SL at 0.734 to protect against false breakouts. Only risk 1-2% of your trading capital and avoid overtrading in choppy market conditions.

buy and trade here on $ME

💡 Comment ⚠️ if you see this bearish rejection setup playing out today!

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