$ME /USDT: Eyeing a Recovery – Key Levels to Watch
$ME is currently trading at $3.004, showing a 4.41% increase in the last 24 hours. After rebounding from a low of $2.788, the price has gained upward momentum and is testing critical levels. The immediate resistance lies at $3.182, with a breakout above this level potentially driving the price higher toward $3.300 and $3.365. On the downside, strong support is established at $2.970, ensuring a safety net for this recovery phase.
Traders could consider entering at or near the current price, targeting $3.150, $3.300, and $3.365 for short-term gains, while setting a stop-loss at $2.950 to limit risks. The RSI indicates a bullish sentiment, and MACD is showing signs of upward momentum. Keep an eye on volume for confirmation of continued strength in the trend.