$ME

/USDT Slight Bull Run Outlook šŸ’Æ Ready For Potential Gains šŸ’Æ šŸ’«

Current Price: $2.712

24H Range: $2.653 - $2.899

24H Volume:

ME: 3.94M

USDT: 10.90M

Technical Analysis (15-Minute Chart)

Trend: Minor bearish movement (-0.11%) after a 6.26% drop in the past 24 hours, indicating consolidation.

Indicators:

RSI: Around 45, suggesting neutral conditions, with a potential for rebound or consolidation.

MACD: Slightly bearish, but momentum slowing, suggesting indecisiveness in price action.

Bollinger Bands: Price near the lower band, suggesting oversold conditions and a possible reversal.

Trade Strategy

Entry: Buy near $2.670-$2.710 (support zone).

Stop-Loss: Below $2.650.

šŸŽÆ Targets:

1. $2.750 (minor resistance).

2. $2.800 (mid-range resistance).

3. $2.850 (stronger resistance near previous highs).

If the price breaks below $2.650, consider shorting with targets at $2.600 and $2.550.

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