$ME/USDT - Charging Up for a Breakout? ๐๐ฏ
๐ Current Price (Binance): $2.00 (-0.50%)
๐ฅ Key Levels:
Support: $1.95 โ A strong buying zone holding recent dips.
Resistance: $2.10 โ A breakout above this could push $ME into bullish territory!
๐ Long Setup (Bullish Trade):
โข Entry: $1.98 - $2.00 (on slight retracement)
โข Take Profit Targets:
โโTP1: $2.12
โโTP2: $2.20
โโTP3: $2.30 ๐
โข Stop Loss: Below $1.93
๐ Short Setup (Bearish Trade):
โข Entry: $2.02 - $2.04 (if rejection at resistance)
โข Take Profit Targets:
โโTP1: $1.98
โโTP2: $1.92
โโTP3: $1.88
โข Stop Loss: Above $2.10
๐ Market Insight:
$ME is testing its resistance on Binance, with bullish pressure building. A strong move above $2.10 with robust volume could trigger an extended rally, while failure to break may lead to a brief pullback before another attempt.
๐ก Pro Tip: Monitor Binance volume near resistanceโif buyers step in aggressively, ME could break out for a strong surge!