$ME

ME/USDT Technical Analysis: Key Levels to Watch

Currently priced at $3.410, ME/USDT is consolidating within a well-defined range, creating exciting opportunities for traders. The price is holding above a strong support level at $3.30, which has been tested multiple times, showing potential for a bounce if the market remains bullish. A break below this support could lead to a drop toward the next support at $3.00.

On the upside, $3.50 serves as the immediate resistance. If ME/USDT can break and sustain above this level, the next major resistance sits at $3.70, where profit-taking could occur.

Entry Strategy:

Bullish Entry: Consider entering a long position if ME/USDT breaks above $3.50 with strong volume, targeting $3.60 and $3.70.

Bearish Entry: If the price dips below $3.30, a short position could be taken with targets at $3.10 or $3.00.

Keep an eye on these levels for a clear breakout or breakdown, and adjust your strategy accordingly!

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