$ME is trading at $2.985, showing continued weakness as it approaches the critical support level at $2.728. If this support fails, $ME could see further downside pressure, targeting $2.600.

On the upside, a break above $3.200 is needed to regain bullish momentum, with potential to retest $3.400 resistance. Volume remains relatively low, signaling caution as the market awaits a decisive move. Watch these levels closely for your next trade setup.

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