$ME 🦅🦅🦅

Analysis 👇

The token's 24-hour price action and volume indicate speculative trading, likely influenced by a new development (e.g., NFT or market hype). However, volatility poses significant risks. Traders should exercise caution and closely monitor the market for any announcements or trend shifts.

Trading Plan📈📉

Short-Term Strategy:

Entry Point: Enter near $5.00–$5.20 if the price stabilizes.

Profit Target: $6.50–$7.00, with the potential to test the $8.00 high.

Stop-Loss: Below $4.50 to protect against high volatility.

Scalping Strategy🚀

Take advantage of small movements between $5.00 and $5.80, leveraging high volatility for quick gains.

Risk Management:

Avoid aggressive positions due to the extreme price surge (over 1600%), as such spikes often indicate a pump-and-dump scenario.

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