$ME Alert: Long Liquidation at $3.37052 – What’s Next?
A $24.547K long liquidation just shook up $ME at $3.37052! This significant move could open doors for both bulls and bears. Ready to trade the action? Here’s the complete plan to stay ahead in the market.
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Buy Zone:
$3.30–$3.38 is the sweet spot for entries.
Wait for stabilization or a small bounce in this range to confirm support.
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Targets:
1. Target 1: $3.50
Minor resistance and a quick profit zone.
2. Target 2: $3.65
A stronger resistance area where bulls might encounter selling pressure.
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Stop Loss:
Place your stop loss at $3.25.
Protect your capital in case the bearish momentum extends further.
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What’s Next?
If $ME bounces off $3.37052, it could attract bullish momentum, driving the price toward $3.50 and beyond.
Watch for volume spikes—they’re key indicators of a trend reversal.
A break below $3.30 might signal continued bearish pressure, so proceed with caution.
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Pro Tip:
Always manage your risk wisely. Stick to your targets and stop loss. Never let emotions cloud your decisions in volatile markets.
Want detailed updates or technical charts for $ME? Let me know!
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