$ME /USDT Technical Analysis & Trade Signal
$ME /USDT is currently trading at $3.856, showing sideways consolidation after testing the $3.954 high. Bulls are attempting to hold support at $3.850 for a potential breakout.
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Entry Zone: $3.850 - $3.880
Targets:
1. $3.900 - Immediate resistance level.
2. $3.950 - Recent high and breakout confirmation.
3. $4.050 - Extended bullish continuation target.
Stop Loss: Below $3.800 (local support).
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Analysis Insights:
ME/USDT is forming a support base at $3.850, suggesting accumulation before an upward move.
A breakout above $3.900 could trigger buying pressure, pushing prices toward $3.950 and beyond.
Volume confirmation is critical to validate the upward trend.
Risk management with a stop loss below $3.800 ensures protection from reversals.
