$ME

/USDT Technical Analysis: Key Targets to Watch 🎯

The ME/USDT pair has been experiencing notable volatility over the past 24 hours, trading between $4.10 and $4.95. Currently priced at $4.22, here's a breakdown of the technical outlook and key price levels to watch:

1. Support Level: $4.10

This price point has acted as strong support, with the pair bouncing back here recently. A solid defense at $4.10 could keep the bearish momentum at bay, providing a potential opportunity for a bullish rebound.

2. Resistance Level: $4.70

The first major resistance zone is at $4.70. If the price breaks above this level, we could see an upward move towards the next target. Monitoring this zone is crucial for identifying possible breakout opportunities.

3. Target: $4.95

The 24-hour high of $4.95 remains the next significant target. A break above this level could signal a strong upward trend, potentially leading to a retest of this high or even higher levels in the near future.

Stay tuned and keep an eye on these levels for potential trading opportunities! As always, make sure to do your own research and trade responsibly.