🚨 $ME /USDT ALERT: Testing Crucial Levels – Big Move Imminent! 🚨
Current Price: $4.151 (-11.61%)
24H High: $4.811 | 24H Low: $4.100
The $ME /USDT pair is experiencing sharp downward pressure, with the price testing critical support zones. This dip follows significant volatility, indicating a potential reversal or continuation of the bearish trend. Here's the breakdown:
Key Levels to Watch:
1️⃣ Resistance 1: $4.300 – A recovery above this level could spark bullish momentum, aiming for higher targets.
2️⃣ Resistance 2: $4.500 – Breaking this key level may signal a potential trend reversal toward a stronger recovery.
3️⃣ Support: $4.100 – The 24-hour low. A breakdown below this could lead to an extended sell-off toward new lows.
💡 Trade Setup:
Long Entry: If ME/USDT reclaims $4.300 and holds, targets could extend to $4.450 and $4.600, with a stop-loss at $4.000.
Short Entry: A breakdown below $4.100 could push the price toward $3.950 and $3.800, with a stop-loss at $4.250.
⚠️ Note: Keep an eye on volume and price action near the critical levels for confirmation of the next move. Manage your trades carefully, as volatility remains high.