$ME
/USDT Slight Bull Run Outlook 💯 Ready For Potential Gains 💯 💫
Current Price: $2.712
24H Range: $2.653 - $2.899
24H Volume:
ME: 3.94M
USDT: 10.90M
Technical Analysis (15-Minute Chart)
Trend: Minor bearish movement (-0.11%) after a 6.26% drop in the past 24 hours, indicating consolidation.
Indicators:
RSI: Around 45, suggesting neutral conditions, with a potential for rebound or consolidation.
MACD: Slightly bearish, but momentum slowing, suggesting indecisiveness in price action.
Bollinger Bands: Price near the lower band, suggesting oversold conditions and a possible reversal.
Trade Strategy
Entry: Buy near $2.670-$2.710 (support zone).
Stop-Loss: Below $2.650.
🎯 Targets:
1. $2.750 (minor resistance).
2. $2.800 (mid-range resistance).
3. $2.850 (stronger resistance near previous highs).
If the price breaks below $2.650, consider shorting with targets at $2.600 and $2.550.
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