$ME /USDT: Momentum Continuation Setup
1. Entry Point: $4.000 (confirmation above key psychological level)
2. Take Profit Targets:
TP1: $4.100
TP2: $4.250
TP3: $4.400
3. Stop Loss: $3.850
4. Technical Insight: $ME /USDT is continuing its bullish momentum after breaking multiple resistance levels. Holding above $4.000 confirms a potential breakout for further gains.
5. Risk-Reward Ratio: Favorable 1:3 setup for risk-averse traders.
6. Trend Outlook: Higher highs and consistent volume suggest strong upward continuation.
7. Volume Confirmation: Monitor for increasing buy volume as a signal for sustained bullish movement.
8. Trailing Stop Suggestion: Move SL to $4.000 once TP1 is reached to secure profits.
9. Timeframe: Short-term to swing trade setup with momentum-driven targets.
10. Reminder: Always apply disciplined risk management and reassess positions at each profit target.