📉 Is $ME starting to recover? Bounce from local support! 🔄
ME is trading at 0.707 after bouncing from the bottom of 0.690, in an attempt to build upward momentum again after being rejected at 0.733. The price action hints at the possibility of continued rise if it remains above the current level.
📊 Technical Note: Stabilizing above 0.705 may push the price towards higher targets, but the resistance at 0.733 remains critical.
🎯 Buy Trade Setup:
• Entry Zone: 0.705 – 0.710
• Targets:
0.720
0.733
0.750
• Stop Loss: Below 0.690
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