$ME Future Outlook:

Bullish Scenario:

If the price maintains above 3,540, it could test the 3,600-3,610 resistance zone.

Breaking 3,610 might lead to further upward momentum, targeting 3,650-3,700.

Bearish Scenario:

If the price fails to break 3,600 and drops below 3,470, it might retest the 3,400-3,450 support zone.

A flip in SAR (dots above the price) would signal a reversal.

Strategy:

If you’re planning to buy, wait for a breakout above 3,600 for confirmation.

Set a stop-loss near 3,470 to manage risk.

If a reversal begins, you might consider selling to avoid potential losses.