Current price: 3.676 USDT, showing a -5.28% decline in the last 24 hours.
24-hour high: 4.081 USDT.
24-hour low: 3.654 USDT.
2. RSI (Relative Strength Index): At 30.1, which suggests the asset is approaching the oversold zone.
Yellow dashed lines represent key support and resistance levels:
Resistance near 4.27 USDT.
Support near 3.85 USDT and 3.36 USDT.
3. The price peaked at 4.279 USDT before pulling back sharply.
A descending trend has formed as the price struggles to hold above support levels.
4. Significant 24-hour trading volume with 13.39M ME and 51.67M USDT, indicating active market participation.
The RSI indicates potential for a reversal if the price consolidates or volume increases.
Support zones around 3.36 USDT might provide a buying opportunity.
If the price breaks above 4.27 USDT, it could trigger a bullish breakout.
Avoid $ME ; today is a bearish day for $ME
Don't buy it !
