Looking at the MELANIA/USDT chart, I’m seeing an interesting setup for a potential long position. The price is currently trading around 2.052 USDT, with a recent dip of -2.89% today. The day's range has been between 2.027 and 2.128 USDT, showing some consolidation near the lower end.
Support Levels: The price is hovering near the lower end of the day's range, which could act as a support zone.
Volume: Trading volume is decent at 41.94M, indicating some market interest.
Potential Reversal: If the price holds above the 2.027 support level, we might see a bounce back toward the upper range or higher.
I’m considering a long position here, anticipating a potential upward move. However, as always, this is not financial advice—trade responsibly and do your own research! 🚀 #Melania
