$ME USDT.P — Bearish Pressure Building, Breakdown Incoming?.

ME’s rally peaked at 0.2059… and since then, the chart has been writing lower highs like a quiet warning note.

Now trading near 0.159, structure on the 1H timeframe is tilting bearish.

📉 What Bears Are Seeing

• Strong rejection from 0.20 zone

• MA(7) crossing below MA(25) → short-term trend flip

• Price losing short-term support shelf

• Volume increasing on red candles

Momentum has shifted from expansion to distribution. That vertical drop candle was not random… it was intent.

🎯 Bearish Setup Plan

Entry Zone: 0.158 – 0.165 (on weak pullbacks)

Downside Targets:

• 0.148

• 0.138

• 0.130

Invalidation Level: Above 0.176 on 1H close

Trade here $ME

ME
MEUSDT
0.1541
-19.69%