Technical Analysis: $ME
/USDT
The ME/USDT pair has been on a steady uptrend, currently priced at $3.92, with a +9.60% gain in the last 24 hours. As the price continues to show bullish momentum, here are three key targets to watch for potential breakouts and price actions:
🎯 Target 1: $4.00
A critical resistance level that could push the price further upward. A break above this level would open the path to higher targets.
🎯 Target 2: $4.50
The next significant resistance. A strong bullish move could push ME/USDT to test this level, with potential for a breakout depending on market sentiment.
🎯 Target 3: $3.50
The support level. If the price sees a pullback, this could be an area of strong support, providing an opportunity for traders to consider entering the market at a lower price.
Keep an eye on these targets and watch for confirmation signals to capitalize on potential price movements!
This post is designed to engage your Binance audience with a clear breakdown of the technical analysis, providing both short-term and mid-term targets.