$ME / USDT Market Update 🔻
Current Price: 0.1304
Trend: Bearish
Momentum: Sellers in control
Analysis:
$ME is currently moving downward, showing continued selling pressure. The price is forming lower highs and lower lows, which confirms short-term bearish momentum.
If the selling continues, we may see a test of the next support zone. Bulls need to defend key levels to avoid a deeper correction.
Support Zones: 0.1280 – 0.1250
Resistance Zones: 0.1350 – 0.1400
TP 🎯 (Short Setup)
TP1: 0.1280
TP2: 0.1250
TP3: 0.1200
Invalidation:
Strong breakout above 0.1400 with volume.