$ME
๐ ME/USDT Technical Analysis โ Breakout on the Horizon? ๐
ME/USDT is trading at 2.968, showing strong momentum and testing a critical resistance zone. Hereโs the breakdown:
๐ Support Levels:
Immediate support is at 2.920, where buyers have been defending the price.
Below that, the next strong support lies at 2.850, a key demand zone.
๐ง Resistance Levels:
The first major resistance is at 3.000โa psychological and technical barrier.
If bulls break above this level, the next target is 3.080, the recent swing high.
๐ฏ Trading Strategy:
Bullish Entry: A confirmed breakout above 3.000 could signal a strong bullish move. Entry near 2.968 can target 3.080, with stops below 2.910.
Bearish Scenario: Failure to break 3.000 could lead to a retracement toward 2.920 or even 2.850.
ME/USDT is approaching a critical breakout levelโkeep an eye on volume and price action! A push above 3.000 could be the start of a bigger rally. Trade smart and let the market guide you! ๐
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