💡 Quick technical analysis:
✅ Strong jump! The ME currency rose by more than +39.64% to reach $1.15 after climbing from levels of $0.81 – this reflects the entry of strong liquidity and increasing buying interest!
✅ The Relative Strength Index (RSI) is at 85.63, indicating very strong momentum – yes, we have entered the overbought zone, but in explosive cryptocurrencies, this could mean continued rise before a correction!
✅ Positive MACD! The fast line (DIF) is outperforming the slow line (DEA), enhancing the likelihood of continued upward movement in the near term.
✅ Volume is significantly increasing – this means that the explosion was not a coincidence, but driven by real buying power!
$ME
🚀 Expected scenario:
If the upper level is breached today at $1.179, we may see the price head towards $1.25 - $1.30 easily.
However, if profits are realized, the $1.00 - $1.05 area could form excellent support for new buyers.
$ME
🔥 Is ME ready for the next explosion?: With this high momentum and large trading volume, ME could be the next star in the cryptocurrency arena! Will you hop on before the next wave? 🌊