$ME delivered a strong expansion after launching from 0.136 and tagging 0.2559, printing nearly +40% on the day. That kind of vertical move signals aggressive buyer interest, not slow accumulation.
Now price is consolidating around 0.19–0.20 after the spike. This looks like a cooling phase, not immediate collapse. As long as $ME holds above 0.175–0.180, structure remains constructive and continuation toward the highs is still possible. A clean reclaim of 0.205–0.210 would strengthen bullish momentum.
Trade Setup
Entry: 0.180 – 0.196
TP 1: 0.210
TP 2: 0.235
TP 3: 0.265
Stop Loss: 0.168
Above 0.168, dips remain tradable. Lose that level and downside pressure likely increases. Volatility is high — position sizing and discipline matter here.
ME
0.1549
-8.45%