$ME : Long (High Risk / Counter-Trend Bounce)
The market is currently showing bearish pressure (BTC fatigue), but ME is sitting at a critical support level that has historically triggered bounces.
THE SETUP
• Entry Zone: $0.225 – $0.235
• Note: Buying near the $0.22 support floor is key. Do not chase if it spikes above $0.24.
• Stop Loss (SL): $0.210
• Invalidation: A daily close below $0.21 suggests a breakdown to new all-time lows.
• Take Profit 1 (TP1): $0.255
• Conservative exit near the 5-day Moving Average.
• Take Profit 2 (TP2): $0.275
ME
0.208
-6.13%