๐ฅ $ME : Magic Eden Token Surges Amidst Market Buzz ๐๐
Magic Eden's native token, $ME , is currently trading at $1.025, reflecting a +23.85% increase over the past 24 hours. This surge follows the platform's successful token generation event (TGE) and airdrop, which distributed over $700 million worth of tokens to early users. Despite initial claiming issues, the token has gained significant traction, now ranking among the top 150 cryptocurrencies by market capitalization.
Current Price: $1.027
๐ Market Structure:
๐ Consolidating between $0.81 and $1.15
๐ Higher lows forming โ bullish pressure building
โก๏ธ Volume breakout confirms strength
๐ Key Levels:
๐ก๏ธ Support: $0.81
๐ง Resistance: $1.15
โ Breakout confirmation: Close above $1.15 with strong volume
๐ฏ Trade Setup:
โก Entry: $1.00โ$1.05
๐ฏ TP1: $1.20
๐ฏ TP2: $1.50
๐จ SL: $0.90
๐ก Pro Tip: Wait for a 1H candle close above $1.15 with increased volume for confirmation!
๐ Buy and trade with $ME ๐๐๐ฅ
#MyCOSTrade #BinanceAlphaAlert #MarketRebound #EDGENLiveOnAlpha #SaylorBTCPurchase