Thanks for the info, it's just hard to understand what to do next ) newbie
Blockchain Titan
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Bullish
🚨 $ME /USDT Consolidates – Is a Breakout Imminent? 🚨
ME is trading at $2.997, up by +2.29%, as it approaches critical levels. With a 24-hour high of $3.160, the price is showing signs of accumulation and potential bullish movement.
Key Levels to Watch:
Resistance 1: $3.160
Resistance 2: $3.340
Resistance 3: $3.500
Support Levels:
Support 1: $2.950
Support 2: $2.830
Trade Setup:
A breakout above $3.160 could pave the way for a rally toward $3.340 and $3.500.
A failure to hold $2.950 may lead to a retracement toward $2.830.
💡 Pro Tip: Watch for increasing volume near resistance to confirm breakout strength. Use tight stop-losses to mitigate risk.