š $ME /USDT Market Analysis
ME is currently trading around 0.1953 after a strong bullish move. Price recently pumped from the 0.13 zone to a high near 0.2559, showing strong buying momentum. After hitting the top, some profit-taking happened and now price is consolidating..!!
š Market Structure:
Strong bullish breakout
Healthy pullback after spike
Buyers still dominating (around 69% bids)
Short-term consolidation phase
š Key Levels:
Resistance:
0.2070 ā Immediate resistance
0.2350 ā Mid resistance
0.2559 ā Major resistance (recent high)
Support:
0.1800 ā Strong short-term support
0.1520 ā Major support zone
šÆ Take Profit (TP) Targets:
TP1: 0.2070
TP2: 0.2350
TP3: 0.2550+ (if breakout happens)
ā ļø After a big pump, volatility remains high. Watch for breakout above resistance or rejection for short-term pullback.
Trade smart & manage risk. #Binance
