$ME /USDT Technical Analysis and Trade Signal๐๐๐๐ฅ๐ฅ
Current Price: 3.354 USDT
24h High: 3.695 USDT
24h Low: 2.788 USDT
24h Volume (ME): 37.42M
24h Volume (USDT): 118.79M
Key Technical Levels:
Support Level: 2.788 USDT (24h Low)
Resistance Level: 3.695 USDT (24h High)
Trade Signal:
Buy Signal:
Entry Point: 3.360 USDT
Target Levels:
Target 1: 3.490 USDT (Approx. +3.88%)
Target 2: 3.600 USDT (Approx. +7.18%)
Target 3: 3.750 USDT (Approx. +11.74%)
Stop Loss: 3.200 USDT (Approx. -4.63%)
Trade Momentum:
Current Trend: Bullish, as the price has broken above the recent resistance of 3.350 USDT.
Volume Analysis: The trading volume is increasing, suggesting that market participants are actively buying, which could lead to further upward momentum.
RSI (Relative Strength Index): At 60 (Neutral to Bullish). The RSI indicates that there is room for further upward movement without being overbought.
Conclusion:
ME/USDT shows bullish momentum, with the potential for gains in the short term. Consider entering the trade around 3.360 USDT and targeting levels at 3.490, 3.600, and 3.750 USDT, with a stop loss at 3.200 USDT to manage risk. Keep an eye on market volume and RSI to gauge the strength of the trend.
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