🚨 $ME /USDT DOWNWARD PRESSURE: IS A REVERSAL OR NEW LOW COMING? 🚨
ME/USDT continues to face selling pressure, trading at $3.111, slightly down by 0.64% after hitting a 24-hour high of $3.217 and a low of $2.969. Despite recent declines, the market shows early stabilization signals, indicating a potential turning point for a recovery or another leg lower.
Key Levels to Watch:
Immediate Resistance: $3.217 – A breakout here could attract buying interest for a potential relief rally.
Major Support: $2.969 – Holding above this level is critical to avoid further decline.
🚀 Upward Targets:
1. Target 1: $3.350
2. Target 2: $3.767
3. Target 3: $4.692
⚠️ Caution: If ME fails to hold the $2.969 support, expect a slide toward $2.800 or lower. Volume and trend confirmation will dictate the next move—trade cautiously with a close eye on key levels.
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