Signal Alert for $ME /USDT
📊 Overview:
ME/USDT is showing bearish momentum, currently trading at $5.145, down by 10.75% in the last 24 hours. Price has ranged between $4.921 (support) and $5.880 (resistance) during this period. The Relative Strength Index (RSI) is at 52.83, indicating neutral momentum, with potential for a breakout or further consolidation.
Trading Signal:
Entry Price: $5.14 (Current Price)
Take-Profit Targets:
1. $5.30 (Moderate Resistance)
2. $5.50 (Key Resistance Level)
3. $5.88 (24-Hour High)
Stop Loss: $4.90 (Below Key Support)
Analysis:
If the price breaks above $5.32, bullish continuation to $5.50 or higher is possible.
A breakdown below $4.92 may trigger further downside, testing $4.80.
💡 Caution: Monitor RSI levels and 15-minute candlesticks for confirmation of stability or breakout patterns before taking positions. Trade with strict risk management to avoid heavy losses.
