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【$ME Signal】Short squeeze rebound / Price-volume divergence
$ME price violently surged over 13% on the hourly chart (phenomenon), trading volume increased nearly 50 times but the buy/sell ratio was only 0.51, indicating that the main players' intention to pump and dump is obvious (fund verification). The current price has pulled back from the high point, volume has shrunk, and RSI is overbought, indicating that the rebound momentum is exhausted (conclusion).
🎯 Direction: Short
⚡ Entry: 0.1295 - 0.1305
🛑 Stop Loss: 0.1339
🚀 Targets: 0.1220 / 0.1180
🛡 Strategy: After entering, if the price quickly falls below 0.1278, move the stop to breakeven and hold until reaching the target levels.
View live charts 👇 $ME
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