$ME is definitely putting on a show today!
After pushing over +15% and hitting a 24H high around 0.1133, the chart is finally seeing a small cooldown on the hourly timeframe
ME
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Right now the key question is simple:
👉 Will bulls defend the 0.0970 support zone
or
👉 are we about to see another straight continuation move higher?
📌 What I’m watching:
• Buyer reaction around 0.0970
• Volume during pullbacks
• Whether higher lows continue forming
• Momentum reclaim near resistance
The move has already been extremely strong, so some short-term profit-taking is completely normal after a vertical expansion
If buyers defend support cleanly, ME could easily attempt another breakout leg very quickly