š $ME /USDT: CRUCIAL LEVELS IN FOCUS ā BULLISH BREAKOUT AHEAD? ā”
The $ME/USDT pair is trading at 2.765, testing significant support and resistance zones. Momentum is building, and traders should watch for a breakout or retracement.
š Trade Scenarios:
Entry Point: 2.765
Take Profit (TP 1): 2.850
Take Profit (TP 2): 2.950
Take Profit (TP 3): 3.050
Stop Loss (SL): 2.650
Key Levels:
Support: 2.650
Resistance: 2.850
A breakout above 2.850 could signal a bullish trend, targeting 2.950 and 3.050. Conversely, a drop below 2.650 might lead to further downside pressure.
š Market Outlook:
ME is consolidating above its support, indicating potential for a bullish breakout. Traders should monitor the resistance at 2.850 for confirmation of upward momentum. If the support breaks, prepare for possible bearish moves.
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