$ME
/USDT: NFT Gains Bullish Momentum On the Rise馃挴馃敟馃搱馃幆
Current Data:
Price: $3.203
24h High: $3.365
24h Low: $2.582
24h Volume (ME): 36.51M
24h Volume (USDT): 110.30M
Trade Strategy:
1. Bullish Continuation 馃幆
Entry: Price breaks above $3.250 (indicating upward momentum).
Stop-Loss: $3.00 (below recent support).
Target 1: $3.35 (Resistance zone).
Target 2: $3.50 (Next resistance level).
Target 3: $3.65 (Testing the 24h high).
2. Bearish Pullback 馃幆
Entry: Price falls below $3.00 (signaling a bearish trend).
Stop-Loss: $3.40 (above recent high).
Target 1: $2.80 (Support zone).
Target 2: $2.60 (Lower support level).
Target 3: $2.50 (Extended downside).
3. Range Trading 馃幆
Buy: Near $2.80 (support zone).
Sell: Near $3.30 (resistance zone).
Stop-Loss: Below $2.70 (Buy), Above $3.40 (Sell).
Target 1: $3.00 (Range midpoint).
Target 2: $3.20 (Range top).
Risk Management:
Position Size: Limit risk to 1-2% of your portfolio per trade.
Trailing Stop: Use trailing stops to lock in profits as price rises.
ME is showing solid upward momentum in the NFT sector. Watch for breakout opportunities for potential gains!
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