$MEW/USDT short trade signal 🛑 🚦
BEARISH REJECTION FROM LOCAL HIGH – SHORT-TERM CORRECTION LIKELY!
After reaching a recent high of $0.002524, MEW/USDT faced immediate rejection, pulling back sharply to $0.002445. This indicates seller dominance at higher levels and signals a likely short-term correction before any continuation of the uptrend.
Trade Setup (Short):
Entry Zone: $0.002460 – $0.002490
Targets:
TP1: $0.002390
TP2: $0.002340
TP3: $0.002300
Stop Loss: $0.002535
Market Outlook:
Momentum has shifted briefly in favor of bears as profit-taking hits resistance. A clean breakdown below $0.002430 could confirm further downside. Watch for volume confirmation and price reaction around $0.002400 for potential reversals.
buy and trade here on $mew
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