🔻 $ME E under heavy selling pressure as bears continue to control the trend.
Price failed to defend key support levels and slipped to $0.2829, confirming weakness.
In the last 24h, price ranged between a low of $0.2265 and a high of $0.3018, showing strong volatility.
Market momentum remains clearly bearish, with sellers dominating price action 📉
Any short-term bounce looks corrective and is likely to face rejection near $0.2903.
A breakdown below $0.2754 could open the door for further sharp downside moves ⚠️
Traders should stay cautious as downside risk remains elevated 🐻
Short Setup:
Entry: $0.2825
SL: $0.2950
TP1: $0.2820
TP2: $0.2810
TP3: $0.2800
