$ME /USDT Technical Analysis

Current Price: $3.393 (+2.32%)

24H High: $3.500

24H Low: $3.294

24H Volume: 3.76M ME

Trend Analysis:

The price is holding above the 99 EMA ($3.317), indicating strong support from longer-term buyers.

Immediate resistance is at 25 EMA ($3.395), which aligns with a short-term consolidation phase.

Key Levels to Watch:

Resistance: $3.409 and $3.500.

Support: $3.317 (99 EMA) and $3.275.

Market Insight:

A break above $3.395 could indicate a push toward the 24H high of $3.500.

Failure to hold above $3.371 (7 EMA) might see the price retesting the $3.317 level for support.

Actionable Strategy:

Consider entries around $3.370-$3.380 with targets at $3.450 and $3.500.

Place a stop-loss below $3.317 to minimize downside risks.

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