🔻 $ME Showing Bearish Rejection — Sellers Take Control

$ME faced a clear rejection from the 0.1265 resistance zone, signaling strong seller presence at the top. Price is now forming lower highs, indicating momentum shifting toward a corrective downside move.

📊 Trade Setup: SHORT

🔴 Entry: 0.1205 – 0.1250

🎯 Targets:

✅ TP1: 0.1200

✅ TP2: 0.1180

✅ TP3: 0.1160

📈 Market Insight:

After strong upside expansion, aggressive selling pressure pushed price back below 0.1230, weakening bullish structure. Currently trading near 0.1209, and a loss of 0.1190 support could accelerate downside continuation toward lower demand zones.