$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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