šØ $ME
ALERT: Consolidation After High Volatility! šØ
ME is trading at $5.135, down -2.62% in the last 24 hours. After hitting a high of $8.000, it has retraced significantly and is now consolidating in a narrow range, indicating a potential buildup for its next move.
š” Key Levels to Watch:
Resistance: $5.490 ā A breakout above this level could drive ME back toward $6.000 and beyond.
Support: $4.921 ā Holding this level is essential to avoid further retracement toward $4.500.
The EMA(7) suggests mild bearish momentum, but the consolidation phase might signal a potential reversal. Monitor closely for breakout signals and manage risk wisely!
