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Get a grip on the rhythm—start by identifying signals!
$ME Current upward movement is meeting resistance and being suppressed; follow the trading plan and enter a short position!
The rebound momentum continues to weaken, and the overhead pressure is unlikely to break through. In the smaller timeframes, range-bound fluctuation keeps the battle going and accumulates energy; after back-and-forth consolidation, the downtrend is expected to continue.
Short around MEU 0.0650—0.0670, target 0.0610
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