โœ… Magic Eden Token ($ME) TA Update ๐Ÿšจ

๐Ÿ“Š Current Price: $3.00

๐Ÿ”„ Support: $2.70

๐Ÿ” Resistance: $3.30

๐Ÿ” Key Indicators:

โ€ข 50-day SMA: $2.90 โ€“ If $ME holds above, bullish continuation likely.

โ€ข RSI: 63 โ€“ Approaching overbought zone, potential pullback if RSI > 70.

โ€ข MACD: Bullish crossover, signaling upward momentum.

โšก๏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. ๐Ÿ“‰

๐ŸŒฑ 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 ecosystemโ€™s growth will be key for $MEโ€™s long-term performance. ๐Ÿš€

DYOR NFA โœ…

Complete analysis will share with our prime members. ๐Ÿ’ฐ๐Ÿฆพ