$ME /USDT —

Right now, ME is sitting around 0.283, coming off a sharp drop from 0.342 → 0.279. The structure is still bearish, with price trading below the MA7, MA25 and MA99, so momentum favors a short, not a long.

I’ll keep it simple and natural, like you’re giving it directly to your audience 👇

📉 Short Trade Setup (Professional but Simple)

Entry: 0.284 – 0.286 range (avoid chasing the wick)

Stop-Loss: Above the breakdown area → 0.297

(If price closes above MA25, momentum shifts)

Take-Profit Levels:

TP1: 0.279 (recent low)

TP2: 0.272 (next support zone)

TP3: 0.265 (only if strong volume continues down)

Reasoning (short + simple):

Momentum is down, moving averages are stacked bearish, and buyers haven’t shown strength yet. The bounce from 0.279 is weak — more like a pullback than a reversal. A controlled short makes more sense here.

If You Prefer a Long Setup (Safer Confirmation Only) 📈

You wait — don’t jump early.

Long Entry ONLY IF:

Price breaks and holds above 0.297 with volume.

Stop-Loss: 0.285

TP1: 0.304

TP2: 0.317 (MA99 zone)

But again, long is not the favorable move right now.

When to Stop the Trade 🚦

If candles close above your SL → exit immediately.

If price hits TP1 and momentum weakens → lock profit or move SL to entry.

If volume drops sharply → don’t force the trade.#MagicEden #WriteToEarnUpgrade #FutureTarding #BinancevibeswithBossy