🚨$ME ME/USDT Update: Retracement Observed – A Bullish Opportunity Ahead? 📉
The ME/USDT pair is currently trading at $3.141, down -2.76%, reflecting a short-term correction after a recent rally.
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Key Metrics
24H High: $3.280
24H Low: $3.129
Trading Volume: 4.58M ME
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Market Sentiment
Consolidation Phase: The price is moving within a tight range after testing higher levels.
Technical Indicators:
MACD: Bearish, indicating short-term selling pressure.
Support Zone: $3.12 – a critical level to watch for potential rebounds.
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Critical Levels to Watch
Immediate Resistance: $3.18
Support Zone: $3.10
A bounce from $3.10 could signal a bullish reversal, while failure to hold may lead to further downside.
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Trading Insights
✅ Potential Entry: $3.12 – $3.14
✅ Targets:
Short-Term: $3.20
Mid-Term: $3.28
✅ Stop Loss: $3.08
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What’s Next for ME?
The current pullback might be an opportunity for accumulation if key supports hold strong. A break above $3.18 could confirm a bullish continuation.
💡 Pro Tip: Monitor volume changes for signs of breakout or breakdown.
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