$ME Update
🚀 Current Price: $4.970 (+1556.67%)
📈 24H High: $6.240
📉 24H Low: $0.300
📊 RSI: 61.27 (Neutral to Slightly Bullish)
🔥 Volume (24H): $62.04M (ME) | $307.02M (USDT)
$ME Trade Setup
Entry Point: $4.50 - $4.80 (on possible retracement)
Target Levels:
First Target: $5.50
Second Target: $6.00
Stretch Target: $6.50
Stop Loss: $4.20 (below key support zone)
$ME Key Observations
1. Momentum:
Bullish momentum evident with a sharp volume surge.
2. Resistance:
Near-term resistance at $6.20. Breakout above this could fuel further rally.
3. Support:
Strong support established at $4.50 from consolidation.
4. Indicators:
RSI at 61.27 indicates room for upward movement before overbought levels.
MACD signals bullish crossover, suggesting potential continuation.
⚠ Risk Management: Always stick to the stop-loss and avoid chasing the price after sharp moves.
Act decisively, and monitor price action for confirmation before entering!
