$ME
ME/USDT is down 7.19% in the last 24 hours, indicating a bearish trend. The price is currently closer to the 24h low of $3.297, with recent volatility showing a minor recovery at $3.61.The volume of 16,582,774 ME shows significant trading activity, with buy orders building near the $3.60 level.
Support & Resistance Levels:
Support: Immediate support can be seen around $3.608 and $3.607.Resistance: The resistance levels are near $3.626, followed by $3.625 and $3.650.
Volume Insights:
The 24h volume of $58,069,538 reflects significant market activity, and the price action near the support and resistance levels shows a tight market with quick fluctuations.
For Buyers:
Entry Point: A potential buy opportunity could be at or near $3.607 or $3.608, with a tight stop below these levels.Stop-Loss: Place a stop-loss below $3.60 if the price fails to hold above the support levels.
For Sellers:
Sell Target: Target selling near $3.625 or $3.626 for a potential short-term gain.Stop-Loss: Set a stop-loss above $3.65 in case of a strong breakout above resistance.
ME/USDT is down 7.19%, reflecting a bearish trend. The immediate support at $3.608 and resistance at $3.625 provide key levels to watch. Traders could consider buying near support or selling near resistance for short-term trades.