โ Magic Eden Token ($ME) TA Update ๐จ
๐ Current Price: $3.00
๐ Support: $2.70
๐ Resistance: $3.30
๐ Key Indicators:
โข 50-day SMA: $2.90 โ If $ME holds above, bullish continuation likely.
โข RSI: 63 โ Approaching overbought zone, potential pullback if RSI > 70.
โข MACD: Bullish crossover, signaling upward momentum.
โก๏ธ Short-term: A breakout above $3.30 could push $ME to $3.50+ levels. Watch for a dip to $2.70 as a potential buying opportunity if momentum weakens. ๐
๐ฑ Long-term: If $ME continues to hold above $2.90 and shows sustained growth, we could see continued upside towards $5 and beyond.
The NFT and DeFi ecosystemโs growth will be key for $MEโs long-term performance. ๐
DYOR NFA โ
Complete analysis will share with our prime members. ๐ฐ๐ฆพ