ME Latest Updates: Technical Signals: The bullish MACD crossover and recovering RSI indicate potential upward momentum. Market Sentiment: The community expects prices to rebound from support despite recent declines. Notably, MACD: The MACD indicator shows a bullish crossover, with the MACD line rising above the signal line, and the histogram turning positive, indicating increasing upward momentum. However, be cautious of the airdrop distribution: In the third quarter, 12 million ME tokens were distributed in an airdrop, worth approximately $2.4 million, which could introduce significant selling pressure in the market.

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$ME Dealer/Main Force Movement Tracking Sharing

Recently, based on data from the aice100 platform, I have compiled some statistics, simply organizing some current market structure and sentiment direction for your reference:

📌 Direction: Bearish

📌 Suggestion: Wait and see or cautiously short

📌 Risk Control: High risk

Below is my personal logical breakdown, which may not be completely accurate and is for sharing purposes only:

1. **Smart Money Whales Overwhelmingly Bearish**: The number of bearish whales (120) is 2.4 times that of bullish whales (50), and the total position value of bearish whales ($2.32M) is more than 11 times that of bullish whales ($0.21M). This indicates that institutions and large funds are extremely biased towards bearish...

These are some personal views I have on the current $ME , and contributions are welcome.

#ME