🚨🔥 $ME MOMENTUM EXHAUSTION — BEARISH PULLBACK IN PLAY 🔥🚨
📉 Bearish Info:
After a strong impulsive rally, price is showing rejection from local highs with sellers stepping in as momentum cools down.
🔴 SHORT SETUP – $ME
📍 ENTRY ZONE: 0.1915 – 0.1950
🛑 STOP LOSS: 0.2015
🎯 TAKE PROFIT 1: 0.1840
🎯 TAKE PROFIT 2: 0.1765
🎯 TAKE PROFIT 3: 0.1680
📌 Why take this trade?
Price has been rejected from the recent high with a clear bearish candle on the 15m timeframe, EMA 7 has turned down and crossed below short-term structure, momentum is cooling after an extended vertical move, profit-taking pressure is increasing near resistance, and a corrective pullback toward lower liquidity zones is favored while price remains below the rejection area.
👉 Click below and SHORT now 👇👇👇