$ME
🚀 ME/USDT Technical Analysis: All Eyes on $3.383! 🚀
The ME/USDT pair is trading at $3.383, signaling a critical point as traders await the next move. Here is the technical analysis:
🔑 Key levels to watch:
Resistance: $3.450 – A break above this level could push ME to $3.550 and beyond.
Support: $3.300 – This level is holding strong, showing strong buying interest.
📈 Trend Overview:
Price is consolidating after the recent move, indicating that market participants are preparing for the next breakout. Bulls need to recapture the $3.450 level to continue the uptrend.
💡 Entry Strategy:
Bullish Entry: Look for a break above $3,450 with high volume. Targets include $3,550 and $3,650.
Support Entry: Enter around $3,300 if it holds, but use a stop loss below $3,250 for safety.
Risk Management: Use a stop loss at $3,200 to manage potential losses.
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