🚨 $ME Short Liquidation: $5.05K Wiped Out at $4.32! 🚨

The bears just got crushed as $ME surged to $4.32, liquidating short positions worth $5,054.80! Is this the start of a bullish rally or just a temporary squeeze? Let’s break it all down so you can prepare your next move!

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What’s Next for $ME?

1. Buy Zone (Catch the Wave):

Watch for a pullback to $4.20 - $4.28 for a potential entry point.

2. Target Levels (Plan Your Exits):

Short-Term Target: $4.50

Mid-Term Target: $4.75

Long-Term Target: $5.00

3. Stop Loss (Protect Your Position):

Set your stop loss below $4.15 to minimize downside risk.

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Why $ME Could Go Higher

Short Liquidation Pressure: Liquidations like these often signal the start of bullish momentum as bears get squeezed.

Volume Surge: High trading volume near $4.32 suggests strong buying interest, indicating a possible continuation upward.

Psychological Barrier: If ME breaks and holds above $4.40, the next major resistance is at $4.75.

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Pro Tips for ME Traders

Wait for Retests: Don’t chase the rally. Look for confirmation in the buy zone before entering.

Follow the Volume: Increased volume near key levels shows where the market wants to go.

Stick to Your Plan: Set your targets and stop losses. Avoid emotional decisions.

💡 Are you ready to trade $ME? Will you buy the dip or wait for a breakout? Trade smart, stay disciplined, and let the charts guide you!

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