$ME

This currency, me, is quite special in this bull market. It's hard to see a meme coin where the main players are still building short positions after such a significant pullback from its peak (open interest is rising, and main contracts are flowing out at all levels). Now, I estimate that the main players hold a considerable amount, possibly setting up many hedging positions. Here, assuming me is pulled up, unless bullish funds keep coming in, otherwise I wouldn't recommend chasing the breakout. From the candlestick chart, it seems like a bottom range here, but the data tells us that the main players are still building short positions. If it really wants to pull up, it will take a long time to grind.