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$ME /USDT – Momentum Surge & Potential Breakout Ahead!
🔹 Current Price: $1.503 (+2.87%)
$ME is showing strong bullish momentum, currently testing a crucial resistance level at $1.515. If buyers continue to dominate, a breakout could drive further price expansion. However, failure to surpass this barrier may trigger a short-term retracement.
📊 Trade Setups & Key Levels
🔹 Bullish Scenario (Long Position)
Entry Zone: $1.470 – $1.500 (on a pullback)
Take Profit Targets:
✅ TP1: $1.520
✅ TP2: $1.540
✅ TP3: $1.580
Stop Loss: Below $1.450
🔹 Bearish Scenario (Short Position)
Entry Zone: $1.510 – $1.520 (if rejected at resistance)
Take Profit Targets:
✅ TP1: $1.480
✅ TP2: $1.460
✅ TP3: $1.420
Stop Loss: Above $1.530
📌 Market Outlook & Strategy
As
$ME maintains its uptrend, the $1.515 resistance zone is a key battleground. A decisive breakout with strong buying volume could push prices higher, while weak momentum may signal a potential pullback. Volume confirmation is crucial—a surge in buy volume supports the breakout narrative, whereas low trading activity might indicate a reversal. Keep a close watch for market reactions before taking positions! 📈🔥
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