$ME /USDT Technical Analysis – Is a Breakout Imminent? 📊
Trading at $3.095, ME/USDT is gaining momentum and testing a key resistance level. Let’s dive into the analysis:
🔑 Support Levels:
$2.920: Immediate support where buyers have consistently stepped in.
$2.850: A crucial demand zone providing stronger support if the price dips further.
🚧 Resistance Levels:
$3.000: A major psychological and technical barrier that bulls must break to continue the rally.
$3.080: The next target, marking the recent swing high.
🎯 Trading Plan:
Bullish Scenario: Watch for a confirmed breakout above $3.000, signaling further upward movement. Entry near $2.968 could target $3.080, with a stop-loss set below $2.910.
Bearish Scenario: Failure to clear $3.000 may lead to a retracement toward $2.920 or even $2.850, offering short opportunities.
ME/USDT is at a decisive level—a breakout above $3.000 could trigger a stronger rally. Monitor volume and price action closely to guide your trades. Stay disciplined and trade strategically! 📈
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