$ME $ME

ME/USDT Analysis: A Bearish Outlook with Potential Entry Points

The ME/USDT chart shows potential for bearish movement. Key levels to watch:

Support & Resistance:

* Strong Support: $4.780

* Key Resistance: $5.242

Entry Strategy:

Consider a conservative entry near $5.242 or the 200-day EMA for a favorable risk-reward ratio.

Technical Indicators:

* RSI: Oversold, indicating potential for a rebound.

* MACD: Bearish crossover suggests downward momentum.

Overall Outlook:

The chart indicates a bearish bias. A break below $4.780 could signal further downside.

Disclaimer: This is not financial advice. Do your own research or consult a professional.

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