ME/USDT Analysis & Trade Signal

🔍 *Market Snapshot*:

- *Current Price*: $0.2002 USDT

- *24h Change*: +46.99% (massive gain, top gainer).

- *24h High*: 0.2559 | *Low*: 0.1311

- *Volume (24h)*: 96.93M ME / $18.72M USDT – huge activity indicating strong interest.

📈 *Technical Analysis (1‑Day Chart)*:

1. *EMA Setup*:

- EMA(7) = 0.1583 → price well above, showing short‑term bullish momentum.

- EMA(25) = 0.1756 → price above, confirming upward trend.

- EMA(99) = 0.2767 → price far below long‑term EMA, suggesting recent recovery from a deep dip.

2. *Price Action*: Sharp spike after a prolonged decline; current rally is aggressive with high volume support.

3. *Moving Averages*: MA(5) = 22.77M & MA(10) = 14.26M indicate increasing buying pressure.

💡 *Trade Signal*: *BUY ME/USDT* (short‑term swing).

- *Entry*: Around $0.2000 – $0.2100 (current support after the surge).

- *Target*: $0.2500 – $0.2800 (next resistance zone near 24h high).

- *Stop‑Loss*: $0.1700 (below recent consolidation & EMA(25) for safety).

⚠️ *Risk Note*:

- Extreme volatility with a 46.99% daily jump; position size should be managed carefully.

- Monitor if price sustains above EMA(7/25) to confirm continued bullishness.