$ME 📊 Current Market View
• ME has seen mixed price action recently with short‑term rebounds but a broader downtrend and resistance overhead. Technicals show neutral momentum (RSI ~50) with price under major EMAs indicating dominant bears. Volatility is high. 
• Short‑term catalysts include platform engagement features and token buybacks, which could provide bounce potential. 
• NFT market weakness and lower trading volumes remain headwinds, limiting sustained upmoves. 
🎯 Trade Setup Example (Hypothetical)
• Entry Range: Near current price zone on pullback with volume support (e.g., ~$0.23 area).
• Profit Targets:
• Target 1: +10–15% (e.g., ~$0.25–0.27)
• Target 2: +25–35% (e.g., ~$0.29–0.31)
• Stop‑Loss: Place stop under recent support break — e.g., –8% to –12% below entry to limit risk.
This gives roughly a risk:reward framework of 1:2 to 1:3+ if targets hit.
