$ME
/USDT has been on a strong upward trend recently, with the price surging from around $3.80 to its current level of $3.86. The chart shows a clear bullish momentum, with higher highs and higher lows forming.
Current Price: $3.86
Entry Price: $3.86 (Buy on the current dip)
Resistance Levels:
* $3.90
* $3.95
* $4.00
Support Levels:
* $3.80
* $3.75
* $3.70
Take Profit Targets:
* TP1: $3.90
* TP2: $3.95
* TP3: $4.00
Stop Loss: $3.80
Caution:
While the current trend is bullish, it's important to exercise caution and monitor the market closely. The cryptocurrency market is highly volatile, and prices can fluctuate rapidly. If the price breaks below the $3.80 support level, the bullish trend may weaken. Traders should also watch for potential breakout signals above the $4.00 resistance level.
