I lost 1000$ from #me ..tell me I sell my me or not I buy when 5.75 ๐ข๐
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Crypto Master 786
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Bearish
$ME
๐ ME/USDT Technical Analysis โ A Breakout in the Making? ๐
Mithril (ME) is trading at $3.115, showing strong price action as it approaches key levels. Here's a closer look at the technicals:
Support Zone: $3.00โ$3.05 โ a solid level where buyers have consistently stepped in, keeping the price above this range.
Resistance Levels: $3.20 is the immediate resistance. A breakout above this level could see ME rally towards $3.50โ$3.60 in the short term.
๐ฏ Entry Strategy:
Aggressive Traders: Look for entries near $3.10 with stops below $3.00 to minimize risk.
Breakout Traders: Wait for a confirmed breakout above $3.20 with strong volume, targeting the next resistance zone.
ME has shown bullish momentum recently, consolidating near key support, which could signal accumulation. A breakout above $3.20 would likely trigger fresh upside momentum.
With the right setup, ME could be primed for a move higher โ stay tuned for the next opportunity! ๐