$ME according to analysis has experienced a substantial decline from its launch levels, reflecting a prolonged corrective structure following an initial surge. The asset currently maintains a relatively high fully diluted valuation, largely influenced by locked token supply that has yet to enter circulation. Recent upward movements appear to be driven by short-term speculative interest, while historical price behavior shows that similar rallies were followed by deeper retracements. The candlestick structure indicates repeated cycles of sharp pumps and subsequent corrections, suggesting ongoing volatility and sensitivity to liquidity shifts. Overall, the token remains exposed to distribution dynamics and fluctuating sentiment within the broader market environment.

MEUSDT

Perp

0.1609

-15.00%

#Megadrop #USRetailSalesMissForecast

This is a market trend observation and analysis. This is not financial advice. Anyone who trades does so at their own risk.