🚨 $ME Long Liquidation Alert: $10.003K at $3.45116! 🚨

The $ME market is showing signs of intense movement, with a significant liquidation of long positions happening at $3.45116. This is a critical moment that traders need to watch closely. Here's what you need to know:

🔍 Current Situation:

Liquidation level: $3.45116

Amount liquidated: $10.003K

This means that a large amount of buying positions were liquidated, causing a sharp drop in price.

💡 What’s Next?

Possible price action: We could see the price either consolidate around the liquidation level or experience further volatility. The next few hours will be crucial in determining the direction.

🎯 Buy Zone:

Look to buy around $3.30 to $3.40. If the price dips into this range, it could provide a good entry point with a potential bounce back.

🚀 Target Price:

$4.00 - $4.20: If the market moves favorably, a strong resistance zone is around this range. Take profit here if the price starts to climb.

⛔ Stop Loss:

Set your stop loss at $3.10 to $3.20. This will help you limit losses in case the price continues to drop after liquidation.

🔔 Key Things to Watch:

Watch for any sudden price movements or news that could trigger volatility.

Keep an eye on volume: Increasing volume could signal a strong trend.

⚠️ Important Note: Crypto markets are volatile, and it's always best to trade carefully with proper risk management. Only invest what you can afford to lose!

Stay alert, and trade smart!

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