🚀 $ME /USDT: Consolidating Near Resistance – Breakout Watch 🚀

ME is trading at $3.965, up +0.66% in the last 24 hours. The 5-minute chart shows price consolidation after testing resistance, signaling a potential breakout or retracement scenario.

Key Levels to Monitor:

Resistance Zone: $4.020

Support Zone: $3.900

Trading Strategy:

Entry Zone: $3.950 - $4.000

Targets:

Short-term: $4.050

Extension: $4.100

Stop-Loss: $3.880

Momentum is building, with potential for a bullish breakout above $4.020. Monitor closely for confirmation and adjust stop-loss levels to secure gains during potential volatility. Stay strategic and watch the volume trends.