✅ Magic Eden Token ($ME) TA Update 🚨
📊 Current Price: $3.00
🔄 Support: $2.70
🔝 Resistance: $3.30
🔍 Key Indicators:
• 50-day SMA: $2.90 – If $ME holds above, bullish continuation likely.
• RSI: 63 – Approaching overbought zone, potential pullback if RSI > 70.
• MACD: Bullish crossover, signaling upward momentum.
⚡️ Short-term: A breakout above $3.30 could push $ME to $3.50+ levels. Watch for a dip to $2.70 as a potential buying opportunity if momentum weakens. 📉
🌱 Long-term: If $ME continues to hold above $2.90 and shows sustained growth, we could see continued upside towards $5 and beyond.
The NFT and DeFi ecosystem’s growth will be key for $ME’s long-term performance. 🚀
DYOR NFA ✅
Complete analysis will share with our prime members. 💰🦾