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$GMEE had a clear volatility spike, rejected near 0.00239, followed by a sharp pullback into the 0.00217 support zone. Buyers defended that level well.
Current price action shows a slow recovery with higher lows forming, indicating stabilization after the dump. Momentum is rebuilding but still cautious.
Holding above 0.00220 keeps the recovery structure intact. A reclaim of 0.00235–0.00240 would be the key signal for continuation, otherwise range-bound movement remains likely.