Bearish Signals for Me (ME/USDT): Downward Trend Continues

Me ($ME ) is trading at $3.35, showing a -13.52% decline in the last 24 hours. This significant drop indicates increased selling pressure and potential for further weakness.

Key Insights:

Support Level: Holding at $3.20; failure to maintain this could signal deeper losses.

Resistance Targets: Short-term resistance at $3.60, but upward momentum seems limited.

Technical Indicators: Bearish trend with declining volume, indicating reduced buying interest.

Strategy: Watch for signs of stabilization before entering positions. Caution is recommended.