#ME is gaining strong momentum, currently showing an upward breakout above key resistance. The price structure is forming higher highs and higher lows, confirming a bullish trend. A surge in volume indicates increasing buying pressure, signaling that buyers are in control. With no significant resistance ahead, ME is well-positioned for further upside.
If ME sustains above $1.15, it could trigger further buying pressure, pushing it toward $1.22 and beyond. However, if it pulls back, key support at $1.02 should act as a strong buying zone. Traders should monitor a breakout above $1.16 to confirm continuation toward higher targets.
Risk Management Tip: Adjust stop-loss levels once the first target is reached to secure profits.
Buy and Trade here on $ME
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