$ME
🚨 ME/USDT Price Analysis: Is a Rebound or Breakdown Ahead? 🚨
The ME/USDT pair has taken a hit, currently trading at 3.270 USDT (-11.76%), showing strong bearish momentum. The price has dropped from a local high of 3.953 USDT and is now hovering near a critical support at 3.230 USDT. This level is key: a break below could open the doors to 3.193 USDT, while a rebound here may trigger a push toward 3.459 USDT and beyond.
Support & Resistance:
Support: 3.230 USDT – buyers must hold this level to avoid further decline.
Resistance: 3.459 USDT → 3.724 USDT – the price must reclaim these zones for bullish momentum.
🔑 Entry Strategy:
Bullish Traders: Look for a bounce from 3.230 USDT with confirmation (green candle or volume spike). Target resistance at 3.459 USDT.
Bearish Traders: A clean break below 3.230 USDT signals an entry for shorts with a target at 3.193 USDT.
The market is at a decision point – will bulls defend support, or will bears take control? Keep your eyes on volume and price action! 📊
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