Recently, there are too many new coins, and I don't have time to research them.

From a value investment and medium to long-term perspective, I am not optimistic about this ME. The concept is cross-chain. There is nothing new to hype, just a background that the speculators found to harvest retail investors, doing a bit of trivial matters.

From a technical perspective, as soon as it went online, it started to drop continuously; it's clear that the speculators are impatient to harvest retail investors. They are eager to make money. The speculators clearly lack real strength. From a value investment and medium to long-term perspective, it is best to stay away.

From a short-term perspective, the daily chart has indeed started to strengthen, so it is possible to make some short-term trades. On the four-hour level, place an order around 3.75, with a stop loss at 3.5. Take profit at 4.2, with a target of 4.5, which should be sufficient. $ME