🔴 $ME BEARS TESTING THE LAST LINE OF DEFENSE — BREAKDOWN INCOMING? 💥
Entry: 0.0653-0.0656 ⚡
Target 1: 0.0645 🎯
Target 2: 0.0635 🎯
Target 3: 0.0620 🎯
Stop Loss: 0.0668 ⚠️
📌 The $0.0645 level is the magnet holding this structure together. Price has already shown weakness with lower highs and volume drying up on bounces — classic bearish divergence on the 1H RSI. 🔍 If that support snaps, expect a fast liquidity grab toward the next demand zones at 0.0635 and 0.0620. This isn't a guess; it's order flow reading at its finest.
📊 Smart money has been stacking short positions on every micro-retracement. The risk-to-reward speaks for itself with a tight stop above recent resistance. 💬 Do you see this breaking down cleanly, or are you waiting for a retest of the entry range? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #ME #ShortSetup #Bearish #Crypto #Trading
🐻 📉
Entry: 0.0653-0.0656 ⚡
Target 1: 0.0645 🎯
Target 2: 0.0635 🎯
Target 3: 0.0620 🎯
Stop Loss: 0.0668 ⚠️
📌 The $0.0645 level is the magnet holding this structure together. Price has already shown weakness with lower highs and volume drying up on bounces — classic bearish divergence on the 1H RSI. 🔍 If that support snaps, expect a fast liquidity grab toward the next demand zones at 0.0635 and 0.0620. This isn't a guess; it's order flow reading at its finest.
📊 Smart money has been stacking short positions on every micro-retracement. The risk-to-reward speaks for itself with a tight stop above recent resistance. 💬 Do you see this breaking down cleanly, or are you waiting for a retest of the entry range? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #ME #ShortSetup #Bearish #Crypto #Trading
🐻 📉