$ME just saw a long liquidation around $0.2262, showing that weak longs got flushed out. Right now, price is hovering near $0.22 and trying to stabilize. The first support is around $0.215, and if that breaks, we could see a dip toward $0.20. On the upside, resistance sits near $0.235–0.24. If buyers step in and hold above support, a slow bounce toward resistance is possible. The next move looks cautious bullish only if price stays above $0.215. Stop-loss for any fresh long should be kept tight below $0.208 to stay safe.
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ME
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