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$ME /USDT â Momentum Surge & Potential Breakout Ahead!
đš Current Price: $1.503 (+2.87%)
$ME is showing strong bullish momentum, currently testing a crucial resistance level at $1.515. If buyers continue to dominate, a breakout could drive further price expansion. However, failure to surpass this barrier may trigger a short-term retracement.
đ Trade Setups & Key Levels
đš Bullish Scenario (Long Position)
Entry Zone: $1.470 â $1.500 (on a pullback)
Take Profit Targets:
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TP1: $1.520
â
TP2: $1.540
â
TP3: $1.580
Stop Loss: Below $1.450
đš Bearish Scenario (Short Position)
Entry Zone: $1.510 â $1.520 (if rejected at resistance)
Take Profit Targets:
â
TP1: $1.480
â
TP2: $1.460
â
TP3: $1.420
Stop Loss: Above $1.530
đ Market Outlook & Strategy
As
$ME maintains its uptrend, the $1.515 resistance zone is a key battleground. A decisive breakout with strong buying volume could push prices higher, while weak momentum may signal a potential pullback. Volume confirmation is crucialâa surge in buy volume supports the breakout narrative, whereas low trading activity might indicate a reversal. Keep a close watch for market reactions before taking positions! đđĽ
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