EmmaCalls
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Bearish
⚠️ $ME Faces Pressure! Key Support and Resistance Levels in Focus ⚠️
$ME /USDT is trading at $2.538, down 2.16%, with a 24-hour high of $2.631 and a low of $2.530. The price is nearing critical support levels, suggesting either a potential rebound or further downside risk.
Key Levels to Watch
Resistance Targets:
1. $2.550 – Immediate recovery level.
2. $2.590 – Key level for bullish continuation.
3. $2.630 – Major resistance for a strong trend reversal.
Support:
$2.530 – Immediate support zone.
$2.500 – Critical fallback level for stability.
Trade Setup
Long Entry: Above $2.550.
Targets: $2.590, $2.630, $2.670.
Stop-loss: $2.500.
📉 RSI shows oversold conditions, hinting at a possible bounce. Monitor volume closely for signs of recovery or continuation. Trade cautiously!
#Write2Earn! #ReboundOutlook
$ME /USDT is trading at $2.538, down 2.16%, with a 24-hour high of $2.631 and a low of $2.530. The price is nearing critical support levels, suggesting either a potential rebound or further downside risk.
Key Levels to Watch
Resistance Targets:
1. $2.550 – Immediate recovery level.
2. $2.590 – Key level for bullish continuation.
3. $2.630 – Major resistance for a strong trend reversal.
Support:
$2.530 – Immediate support zone.
$2.500 – Critical fallback level for stability.
Trade Setup
Long Entry: Above $2.550.
Targets: $2.590, $2.630, $2.670.
Stop-loss: $2.500.
📉 RSI shows oversold conditions, hinting at a possible bounce. Monitor volume closely for signs of recovery or continuation. Trade cautiously!
#Write2Earn! #ReboundOutlook
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