✅ Current situation:
Price: ~$1.01
24-hour growth: +20%
Technical momentum: Bullish (strong volume, breakout of local resistance)
📈 Short-term forecast (1–7 days):
Growth scenario (probability ~65%)
🟢 If ME holds above the $1.00 level and continues to rise on high volume:
🎯 TP1: $1.20 — first resistance zone
🎯 TP2: $1.35 — psychological zone
🎯 TP3: $1.50 — extended target in case of FOMO
Stop-loss: $0.88 (below key support)
📉 Alternative scenario (probability ~35%):
🔴 In case of profit-taking and volume decline:
🔻 ME may retrace to $0.90
🔻 In case of a downward breakout — $0.80–$0.75 (deeper correction)
🧠 Analyst's opinion:
Magic Eden — a well-known brand in the NFT world, and the ME token is gaining more interest amid the activation of the NFT market. If the crypto market remains stable or rising, ME has every chance of breaking above $1.20 in the coming days. 📊