The $ME /USDT pair is showing an explosive bullish rally, surging 51.06% to $1.849 with a high of $2.224 in the last 24 hours. Strong volume activity (60.87M USDT) confirms high interest, and the price is trading well above key moving averages (MA(7): 1.792, MA(25): 1.532), signaling strong momentum. However, after reaching its peak, a pullback is forming, indicating potential profit-taking. Traders should watch for support around the $1.792 level (7-period MA) and confirmation of a bounce before entering. If bullish momentum resumes, a retest of $2.224 or higher could be likely. Manage risks and set stop-losses wisely!
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