Technical analysis by CryptoNiche about Symbol MEW: Sell recommendation (7/25/2024)

I have been watching MEWUSDT.P since the weekend, and it seems it is about to dump and print some stablecoins for us.There is a formation of exhaustion candles on the 4H time frameMEW hit a new ATH in the last 72 hours, and we anticipate a strong pullback. We can take advantage of the pullback by risking 2% of the account balance.Use stop loss especially if your margin is not big enough.Trade management is as important as risk management.What are your thoughts about this analysis? Share them with me in the comment box.If this analysis makes sense to you, support my idea and follow me now for more.Let us see how far we can go on this...SL was triggered, but I opened a short position again, and it was profitable.Waiting for the next opportunity.The dude hit 1st TP after SL. LolsOn its way to 2nd TPhahaTP2 Target achieved!