🚨 Major Update on $ME : Long Liquidation Alert!
Recent Event:
A long position worth $9.9383K was liquidated at $3.06.
Selling pressure near $3.06 has triggered panic among traders.
What’s Next for $ME?
Here’s a complete action plan:
📌 Buy Zone:
Consider buying in the range of $2.85 - $3.00, a key support area where buyers may step in.
🎯 Target Levels:
1. $3.10 - Short-term resistance, a potential bounce area.
2. $3.30 - Medium-term target if bullish momentum builds.
❌ Stop Loss:
Place a strict stop-loss at $2.75 to protect against further downside risk.
Why This Strategy Works:
$2.85-$3.00 has historically been a demand zone.
Breaking $3.10 could lead to a sharp move toward $3.30+.
Pro Tip:
Use low leverage to minimize risk due to current volatility.
Monitor trading volume closely to confirm a reversal or breakdown.
Stay focused and trade with discipline!
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