📊$ME

Technical Analysis for ME/USDT – Binance Update 🎯

🔍 Current Price: 3.949 USDT

A strong rally has pushed the pair up by +13.51%, trading above critical moving averages, signaling potential bullish momentum.

Key Levels to Watch

1. Target 🎯 1: 4.100 USDT

This is near the 24h high (4.130), where selling pressure could emerge. Breaking above this level with volume might signal further gains.

2. Target 🎯 2: 4.300 USDT

A strong resistance zone and psychological barrier. If bulls sustain momentum, this can be a medium-term target.

3. Target 🎯 3: 4.500 USDT

This is the next major resistance based on historical highs. Reaching here might indicate a confirmed breakout and a strong uptrend continuation.

Key Indicators

Moving Averages (MA):

7-Day MA: 3.970 (above current price, suggesting short-term bullishness).

25-Day MA: 3.840 (near-term support).

99-Day MA: 3.588 (long-term support, showing growth).

Volume: Significant activity with 26.65M ME traded in 24h. High volumes indicate active participation, fueling the bullish trend.

Key Support Levels

3.800 USDT: A pullback level near the 25-day MA.

3.500 USDT: A crucial long-term support near the 99-day MA.

📈 Conclusion:

If the price sustains above 4.100 USDT, it could attract further bullish momentum toward 4.500 USDT.

#Binance #CryptoTrading #MEUSDT #TechnicalAnalysis