$ME is showing signs of life, but the bigger picture still favors caution. 👀
🔴 Short Zone: $0.06450 – $0.06650
🎯 Target 1: $0.06000
🎯 Target 2: $0.05783
🎯 Target 3: $0.05500
❌ Invalidation / Stop Loss: Above $0.07000
$ME looks like a relief bounce inside a larger bearish trend. The $0.06500–$0.06700 area remains the key battlefield. If sellers defend it again, a move back toward support becomes increasingly likely.
No financial advice. Manage risk properly