$ME
/USDT Technical Analysis & Trade Signals:
Current Price: $3.869
24h Change: +7.56%
Trend: Bullish momentum in the short term
Key Support: $3.316
Key Resistance: $3.950
Trade Signals:
1. Target 1 🎯: $3.950
Reason: A breakout above the $3.869 level would indicate a continuation towards the recent high at $3.950.
2. Target 2 🎯: $4.10
Reason: If price momentum sustains, it could test the next resistance zone around $4.10.
3. Target 3 🎯: $4.30
Reason: A strong bullish breakout might push towards $4.30, depending on market conditions.
Trade Momentum:
Momentum: Bullish (short-term)
Volume: Strong buy volume (22.62M ME in 24h)
Moving Averages (MA):
MA(5) at 321,221.17, indicating positive short-term price movement
MA(10) at 462,067.79, supporting upward momentum
Strategy: Look for price pullbacks to the support level ($3.316) for buying opportunities, targeting the first resistance at $3.950 and further up to $4.10+ if momentum continues.
Caution: If price breaks below the $3.316 support, consider re-evaluating trade direction.
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