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Bullish
$ME Bouncing Back – Aiming for Key Resistance Levels
$ME is trading at $3.469, recovering sharply from a recent dip to $3.316 and showing signs of bullish momentum. The RSI at 67 suggests growing buying pressure but still below the overbought zone, leaving room for further upside. Traders can consider entering at the current price, targeting $3.500, $3.540, and $3.580 for short-term gains. A stop-loss at $3.430 will protect against potential reversals. Watch closely as the price approaches the $3.540 resistance; a breakout could open the door for more significant upward movement.
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$ME is trading at $3.469, recovering sharply from a recent dip to $3.316 and showing signs of bullish momentum. The RSI at 67 suggests growing buying pressure but still below the overbought zone, leaving room for further upside. Traders can consider entering at the current price, targeting $3.500, $3.540, and $3.580 for short-term gains. A stop-loss at $3.430 will protect against potential reversals. Watch closely as the price approaches the $3.540 resistance; a breakout could open the door for more significant upward movement.
#Write2Earn! #BinanceLaunchpoolBIO
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