$ME USDT SHORT TRADE SIGNAL 🔴
SUPPLY ZONE REJECTION — SELLERS DEFEND 0.697 WITH FORCE
$ME USDT has just faced a clear rejection from the $0.697 resistance, a strong supply zone where multiple candles failed to close above. After testing this level twice, price reversed aggressively and is now trading back at $0.685, confirming the presence of active sellers.
The structure suggests a lower high formation, and with momentum tilting back downward, a breakdown toward $0.671 or lower is likely if price stays below $0.690.
📉 TRADE SETUP
Entry Zone: 0.685 – 0.690
Take Profits:
🔻 TP1: 0.678
🔻 TP2: 0.671
Stop Loss: 0.697
Leverage: 10x
Wallet Margin: 2–3%
📊 MARKET OUTLOOK
$MEUSDT is in a larger downtrend and today’s supply rejection aligns with bearish momentum. With price getting pushed back from resistance and lower highs forming, the short bias is supported. Sellers are currently in control unless $0.697 is broken with strength.
“Not every pump is a trend — sometimes, it's just a trap. And ME just triggered it.”
🔖 #MEUSDT #BinanceSignal #CryptoShort #NFTToken #BearishSetup