Technical Analysis for $ME

/USDT:

Current Price: $3.95

24h Price Change: +10.14%

Trend: Bullish

Resistance Levels:

First Resistance: $4.010 (recent high)

Second Resistance: $4.045

Third Resistance: $4.100 (next key level)

Support Levels:

First Support: $3.800

Second Support: $3.536 (BINATIE level)

Momentum:

Bullish momentum with a price increase of over 10%. A continued rise is likely if the $4.010 level is broken, targeting higher resistance levels.

Trade Signal:

Buy Entry: $3.95 - $4.00 (watch for confirmation above $4.00)

Target Levels:

Target 1: $4.045

Target 2: $4.100

Target 3: $4.200+ (if the trend extends)

Stop Loss: $3.80 (below support)

Trade Momentum:

The recent upward movement indicates strong bullish momentum. A break above $4.010 could lead to further upward pressure, targeting the next resistance levels.

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