šØ $ME/USDT Trading Signal šØ
$ME
$2.849
-5.47%
š” Signal Type: Bearish Momentum
š Timeframe: 4H Chart $ME
š Key Levels to Watch:
Support: $2.70 ā A drop below this level could signal further downside.
Resistance: $3.00 ā A breakout above this level could reverse the trend.
šÆ Trade Setup:
Entry Zone: $2.85 - $3.00
Take Profit Levels (TP):
1ļøā£ TP1: $2.70 (-6%)
2ļøā£ TP2: $2.50 (-12%)
Stop Loss (SL): $3.10 (+8%)
š Market Insight:
$ME is currently down 5.47%. If the price fails to hold above the support at $2.70, further downside is likely, with $2.50 as the next target. Keep an eye on resistance at $3.00 for signs of a potential reversal.
š” Strategy Recommendation:
Enter short positions between $2.85 and $3.00.
Secure profits at TP1 and trail stop-loss for TP2.
š¢ Pro Tip: If $3.00 is broken, reevaluate for a potential long position.