🚨 Longed $ME – Here’s Why 🚨
I see opportunity, and I put my money where my mouth is. Here are 5 key reasons for my bullish stance on $ME:
1️⃣ Claim Process Slowing
The current claim progress stands at 105.6M $ME. A slower pace suggests stabilization and fewer sell-offs.
2️⃣ Market Makers in Play
Market makers are the backbone of liquidity. Their presence here ensures tighter spreads and healthier price action.
3️⃣ Tokenomics and Supply
With 11.2M $ME staked (10% of supply), holders are showing confidence by locking their tokens. Less supply = upward pressure.
4️⃣ Ecosystem Dominance
MagicEden is a powerhouse in NFTs and Ordinals. Continuous innovation keeps the platform at the top, fueling growth.
5️⃣ Sentiment Reset
Remember BTC at 17K? Extreme bearish sentiment marked the bottom. Right now, we’re seeing similar fear — and that’s where opportunity lies.
🎯 Targets:
• First stop: $4.50 (key resistance).
• Breakout above? Reassessing for $5.50–$6.00 based on momentum and ecosystem updates.
Let’s debate. Do we hit new lows, or is this the start of the move up?
Drop your thoughts below ⬇️
