$ME /USDT snapshot into a clear, tradeable setup like the others
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ME/USDT Quick Trade Analysis (as of 2025-04-17)
Price Info
Current Price: $0.794
Change: -8.31% (significant drop — worth noting)
24h High: $0.873
24h Low: $0.769
24h Volume:
ME: 9.41M
USDT: 7.59M
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Key Indicators
MA5: 68,790.06
MA10: 68,466.65
MA60 (Price Basis): $0.790
Current Price: Slightly above MA60 — trying to hold.
Immediate Resistance:
$0.802–$0.812
$0.824
Immediate Support:
$0.791
$0.780
$0.769 (24h low)
Volume (Recent):
3,893.31 ME
255K recent trade volume — moderately active.
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Trade Idea
Scenario: Price bouncing off $0.790–0.794 area after sharp drop (-8.31%) — possible mean reversion or breakdown continuation.
Long Entry Idea: If price breaks above $0.802 with increasing volume
Stop Loss: $0.791
TP1: $0.812
TP2: $0.824
Short Entry Idea: If price drops and closes below $0.791
Stop Loss: $0.802
TP1: $0.780
TP2: $0.769
Bias: Cautious / Bearish unless reclaiming $0.802 with strength.
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Summary of Trade Ideas (including ME/USDT)
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