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LedgerBull

$MEZO showing continued downside pressure with weak recovery attempts.


Structure remains bearish with sellers in control.

EP
0.06550 - 0.06750

TP
TP1
0.06350
TP2
0.06150
TP3
0.05850

SL
0.06950

Recent move cleared liquidity below and price is failing to reclaim prior support. Any bounce into the entry zone looks like a reaction into supply, with structure favoring continuation as long as lower highs persist.

Let’s go $MEZO ‌
MEZO-1.97%
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GateUser-a65ee044
· 04-17 17:20
Just a reminder: Slippage and price insertion are quite common for small coins, don't set your stop-loss too tight, and avoid heavy positions.
View OriginalReply0
ExitLiquidityStan
· 04-17 08:57
MEZO's trend is a bit frustrating, with a rebound strength that is painfully weak.
View OriginalReply0
AirdropSideQuest
· 04-17 05:15
If it happens again that the price dips without breaking support and there is a clear buying volume, then consider reversing and going short to buy back on the pullback.
View OriginalReply0
GateUser-b4b056d3
· 04-16 22:51
The key to this plan is "a lower high" not to be broken, just keep an eye on around 0.0695.
View OriginalReply0
GateUser-53850e1e
· 04-16 17:49
The more I buy a coin, the more it drops.
View OriginalReply0
GateUser-53850e1e
· 04-16 17:49
What is the solution?
View OriginalReply0
GateUser-53850e1e
· 04-16 17:49
Is there hope for a rise?
View OriginalReply0
Mint-ColoredSlippage
· 04-16 14:03
Waiting patiently for the position to be filled, follow the plan, and don't chop back and forth in the oscillation zone.
View OriginalReply0
Stooges
· 04-16 13:32
Liquidity is too poor.
View OriginalReply0
GateUser-9076f8b9
· 04-16 13:25
0.0585 looks pretty fierce, but with a trend-following structure, you have to accept fluctuations. Don't get too emotional about your position.
View OriginalReply0
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