Market Update
$ME has shown strong bullish strength with a sharp 60.55% rise, reflecting heavy buying interest and increasing trader confidence. The price is currently trading around 0.2108, suggesting momentum is still active, but some healthy consolidation may appear after the strong upward move.
Key Support: 0.1950 | 0.1800
Key Resistance: 0.2250 | 0.2450
Short-Term Insight: ME may move sideways between 0.1950 and 0.2250 as the market cools down before the next move. Staying above support keeps the bullish outlook strong.
Long-Term Insight: The overall trend remains positive as long as the price continues forming higher lows with stable volume support.
Trade Setup
Entry: 0.2050
TG1: 0.2250
TG2: 0.2380
TG3: 0.2500
Stop Loss: 0.1880
Pro Tip: Strong rallies often attract late buyers. Waiting for pullbacks can help improve entry quality and reduce risk.
