🚨 $ME /USDT FACING A TIPPING POINT: Bullish Reversal or Further Decline? 🚨
ME/USDT is trading at $3.03, marking a 12.02% drop in the last 24 hours. With a daily high of $3.475 and a low of $2.961, the pair is consolidating near a critical support level. A decisive move could be imminent.
Key Levels to Watch:
Resistance Levels (Upward Targets):
1. $3.20
2. $3.35
3. $3.47
Support Zone: $2.96
Trade Setup:
A breakout above $3.20 could ignite bullish momentum, targeting $3.35 and potentially $3.47.
A breakdown below $2.96 may lead to further downside, with possible support at $2.80.
📊 Market Insight:
Volume activity indicates traders are positioning for the next big move. Monitor for volume surges near key levels to confirm a breakout or breakdown. Risk management is key in this volatile environment.
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