Momentum gradually cools off, and the price breaks away from its high-range zone, with a downward channel opening as expected.
$ME gained 116.04% in return, and the bearish trend continues unabated, with the pullback playing out on schedule.
Short at the high-spot entry of 0.0664; the brief rebound was only a brief consolidation during the downward move.
After the price fell to 0.0648, the profit potential from this leg of decline was gradually unlocked.
After a round of sustained pullback, support below has gradually been approached, and the room for further downside is already limited.
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