šŸšØ $ME/USDT Trading Signal šŸšØ

$ME

$2.849

-5.47%

šŸ’” Signal Type: Bearish Momentum

šŸ“Š Timeframe: 4H Chart $ME

šŸ”‘ Key Levels to Watch:

Support: $2.70 ā€“ A drop below this level could signal further downside.

Resistance: $3.00 ā€“ A breakout above this level could reverse the trend.

šŸŽÆ Trade Setup:

Entry Zone: $2.85 - $3.00

Take Profit Levels (TP):

1ļøāƒ£ TP1: $2.70 (-6%)

2ļøāƒ£ TP2: $2.50 (-12%)

Stop Loss (SL): $3.10 (+8%)

šŸ“ 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.

šŸ’” Strategy Recommendation:

Enter short positions between $2.85 and $3.00.

Secure profits at TP1 and trail stop-loss for TP2.

šŸ“¢ Pro Tip: If $3.00 is broken, reevaluate for a potential long position.