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$MEU Hits the historical resistance wall, upward momentum is exhausted, sellers are entering the market.
Go short immediately $MEU
Entry: 0.196 – 0.200
Stop loss: 0.205
First target: 0.190
Second target: 0.175
Third target: 0.162
After a strong rally, the price is touching the historic strong resistance at 0.200. The RSI has entered the extreme overbought zone, while trading volume is shrinking, indicating a lack of buying strength. The liquidity feels heavy, and selling pressure is building, which often signals an impending reversal of the upward trend. If the price cannot break through the resistance, the risk of a pullback is significant.
Go short here $MEU 👇