📊 $ME /USDT Technical Analysis 🎯
Current Price: $3.08 (+14.24%)
24h High: $3.251 | 24h Low: $2.582
Technical Overview
The ME/USDT pair has shown strong bullish momentum, with a 14.24% increase in the last 24 hours. The breakout above $3.00 indicates a potential rally, but resistance levels need to be watched closely.
Key Targets:
1️⃣ Target 1: $3.25
The immediate resistance level, already tested. A breakout above this level could confirm further bullish sentiment.
2️⃣ Target 2: $3.50
A mid-term target with minor resistance. Sustained buying pressure can push the price toward this zone.
3️⃣ Target 3: $3.80
A major resistance level. If market volume supports, this could be the next significant price milestone.
Support Levels:
Primary Support: $2.85
Secondary Support: $2.58
Indicators:
RSI is near the overbought zone, indicating strong momentum but caution for corrections.
24h volume suggests strong interest, with $60.85M traded in USDT.
Trade Wisely: Keep an eye on volume and market sentiment before entering trades. Adjust stop-loss levels accordingly.