Short Trade Idea
$ME is struggling to hold its recent sharp rally, and the chart is starting to look weaker after the fast move up.
Short (5x leverage)
Entry: 0.182 – 0.188
Stop Loss: 0.2065
Take Profit:
TP1: 0.168
TP2: 0.152
TP3: 0.138
If the price cannot break back above 0.1930–0.2000 with strong buying, there is a higher chance it could drop to around 0.1600 and possibly test the 0.1340 daily low.
⚠️ Be careful with risk... volatility is high after a 31% intraday move.
MEUSDT
Perp
0.1581
-16.87%
$BTR
BTRUSDT
Perp
0.15052
+6.41%
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