$ME Long Liquidation Alert
Amount Liquidated: $12,797
Liquidation Price: $3.34326
Market Insight:
The long liquidation at $3.34326 shows strong selling pressure, suggesting that bears are in control.
This could lead to further downside unless a key support level holds.
Traders should watch closely for signs of consolidation or reversal.
Suggested Plan for $ME :
1. Buy Zone:
Consider buying between $3.00 - $3.20 if the price stabilizes and forms a base.
Wait for confirmation of support before entering.
2. Target Levels:
Target 1: $3.50
Target 2: $3.80
Target 3: $4.00
3. Stop Loss:
Place a stop loss at $2.80 to minimize losses if selling pressure continues.
Key Tips:
Monitor broader market trends—$ME 's performance may be influenced by macro conditions.
Look for any news or updates about ME that could impact price sentiment.
Avoid rushing into trades; let the market confirm its direction before entering.
Trade Smart, Stay Safe!
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