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$MEUSDT shows signs of extreme overbought conditions, with sellers preparing to take over the market.
Go short on $MEUSDT now
Entry: 0.1620 – 0.1635
Stop Loss: 0.1640
Target 1: 0.1570
Target 2: 0.1520
Target 3: 0.1425
The upward momentum is showing signs of extreme overbought conditions, and buyers are starting to struggle to maintain gains. The price has touched the upper band of the Bollinger Bands, indicating that the recent rally may be somewhat overextended. Selling pressure is noticeably increasing, which often triggers a sharp pullback if sellers maintain control. This feels like the last gasp before a complete exhaustion at the top.
Trade $MEUSDT 👇 here