๐Ÿšจ 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.

Whatโ€™s Next for $ME?

Hereโ€™s a complete action plan:

๐Ÿ“Œ Buy Zone:

Consider buying in the range of $2.85 - $3.00, a key support area where buyers may step in.

๐ŸŽฏ Target Levels:

1. $3.10 - Short-term resistance, a potential bounce area.

2. $3.30 - Medium-term target if bullish momentum builds.

โŒ 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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