I remember tokens listed in 2016 that reached 15, dropped to 0.3, and today in 2024 I saw them at 18 dollars.. This is not a lottery or short-term betting. Whoever buys below 3.5 will win.
William _ETH
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Here’s an exciting update for $ME :
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🚨 $ME Long Liquidation Alert! 🚨
The tables are turning! A long liquidation worth $5,529 just happened at $4.25202. This signals a potential shift in market sentiment as bulls exit positions. Could the bears take over, or is this a trap for short-sellers?
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What’s Next for $ME?
Key Levels to Watch:
Buy Zone: Look for a dip entry around $4.20 - $4.25, where buying pressure might reappear.
Target Levels:
Target 1: $4.35
Target 2: $4.50
Stretch Target: $4.70 (if bullish momentum builds and volume surges).
Stop Loss: Protect your trade by setting a stop loss below $4.15 to limit downside risks.
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Market Insight: This long liquidation shows a loss of bullish momentum at this level, but it could also create an opportunity for a rebound if strong buyers step in. Keep an eye on volume and watch for a recovery above $4.30 to confirm the next bullish wave.
Pro Tip: Use small position sizing at first to reduce risk, and scale up if the market confirms the trend. Always stick to your plan and avoid chasing uncertain moves.
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Trade with patience, stay sharp, and manage your risks carefully. The market rewards those who act with discipline and strategy!