ME/USDT Price Analysis: Strong Bullish Momentum After 49% Surge
$ME /USDT has shown impressive bullish momentum, currently trading near $0.1995 after gaining over 49% in the last 24 hours. The token recently touched a high of $0.2559, indicating strong buying pressure and increased market interest. Trading volume has significantly increased, confirming that momentum is supported by real demand rather than low liquidity movement.
On the 1-hour chart, ME is trading above MA(7), MA(25), and MA(99), which signals a short-term bullish trend. The recent pullback from the high suggests healthy consolidation after a sharp rally. If the price holds above the $0.18 support zone, another breakout toward $0.23–$0.26 is possible. However, traders should watch for volatility as rapid gains often lead to short-term corrections.
Overall, $ME /USDT remains bullish with strong volume backing the uptrend. #BinanceSquare #binance #BinanceSquareFamily #CZAMAonBinanceSquare
