$ME /USDT LONG TRADE OPPORTUNITY – OVERSOLD ZONE WITH POTENTIAL REVERSAL!🔥💯
$ME has dipped into a critical demand zone near $0.883 – $0.888 after a sharp decline of over 12%. Buyers are stepping in around this support with a small bullish reaction on the lower timeframes, indicating a potential bounce.
Trade Setup (LONG):
Entry Zone: $0.886 – $0.890
Target 1: $0.920
Target 2: $0.960
Stop Loss: $0.875
Why Long?
The coin is testing a previous support level with declining bearish momentum. A long wick rejection on the 15m chart suggests demand is building. A break above $0.900 could ignite a recovery push.
Risk Management Tip:
Use a tight stop below the support level. This setup offers a high reward-to-risk if the bounce sustains. Trail SL after hitting Target 1 to protect profits.
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