🚨 $ME/USDT Trading Signal 🚨
$ME
$2.849
-5.47%
💡 Signal Type: Bearish Momentum
📊 Timeframe: 4H Chart $ME
🔑 Key Levels to Watch:
Support: $2.70 – A drop below this level could signal further downside.
Resistance: $3.00 – A breakout above this level could reverse the trend.
🎯 Trade Setup:
Entry Zone: $2.85 - $3.00
Take Profit Levels (TP):
1️⃣ TP1: $2.70 (-6%)
2️⃣ TP2: $2.50 (-12%)
Stop Loss (SL): $3.10 (+8%)
📝 Market Insight:
$ME is currently down 5.47%. If the price fails to hold above the support at $2.70, further downside is likely, with $2.50 as the next target. Keep an eye on resistance at $3.00 for signs of a potential reversal.
💡 Strategy Recommendation:
Enter short positions between $2.85 and $3.00.
Secure profits at TP1 and trail stop-loss for TP2.
📢 Pro Tip: If $3.00 is broken, reevaluate for a potential long position.