$ME /USDT — A Market on the Edge
ME opened the day swinging hard. Bulls tried to take control, pushing price up to 0.1993, but the rally ran out of breath. Sellers stepped in aggressively, dragging price down to 0.1748 and wiping out confidence fast.
Now ME trades at 0.1778, down 10.56%, sitting right on a fragile battlefield. The short-term MA(7) at 0.1783 and MA(25) at 0.1777 are tangled, showing hesitation and indecision, while the higher MA(99) at 0.1834 hangs above like a heavy ceiling.
A small bounce from 0.1754 showed buyers are still alive, but momentum is weak. Volume tells the story of a market catching its breath after panic—7.26M ME traded, but conviction is fading.
Right now, ME is caught between fear and hope. Hold above 0.175 and bulls may try another comeback. Lose it, and the floor could crack again. The next move will decide who survives this round.
#Me #WhoIsNextFedChair #PreciousMetalsTurbulence #USIranStandoff