š$ME
USDT BULLISH REVERSAL CONFIRMED ā READY FOR AN UPSIDE BREAKOUT
$MEUSDT has formed a strong bullish reversal from the 0.692 support zone, breaking above intermediate resistance and currently trading at 0.745 (+5.37%). Price is aiming for the next key resistance, signalling strong buyer momentum.
š Key Levels:
Support: 0.692 ā Major demand zone holding price reversal
Intermediate Support: 0.703
Resistance: 0.749 ā Immediate target and supply zone
Current Price: 0.745
š¹ Trade Setup (LONG):
Entry: 0.740 ā 0.745 (current market area)
Targets (TP):
TP1: 0.749 (immediate resistance)
TP2: Breakout continuation above 0.760 if momentum sustains
Stop Loss (SL): 0.692 (below major support)
š Market Outlook: Strong bullish engulfing structure with high volume reaction from support, suggesting trend reversal continuation towards 0.749. Breaking this level will open further upside targets.
ā ļø Risk Management: Use strict SL at 0.692 to protect capital in case of rejection. Risk only 1-2% of your capital per trade to ensure sustainable trading growth.
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buy and trade here on $ME