$ME continues its downtrend with clear lower highs and lower lows, reflecting strong bearish momentum. Currently consolidating between $3.000 and $3.200, a breakout in either direction will determine the next move.
• Key Support: $2.728 – A breakdown below this level could push prices lower.
• Resistance: $3.200 – A breakout above this may trigger a short-term recovery.
A decisive move out of the consolidation range to confirm the next trend.