$ME Short Liquidation Alert

A short liquidation of $5,022.1 occurred at $5.06665, reflecting strong buying pressure in this zone.

Key Price Zones:

• Support: $5.05 – Buyers are likely to defend this level.

• Resistance: $5.10 – A breakout above could trigger more upside.

Trade Recommendations:

• Buy Entry: Consider entering between $5.05-$5.07 if the price consolidates.

• Sell Target: Look to take profits around $5.10-$5.12 if resistance holds.

Tip for Action:

If $ME breaks above $5.10, the next resistance is near $5.15.

However, a drop below $5.05 could lead to a retest of $5.00.

Keep an eye on volume to confirm price strength!

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$ME
{spot}(MEUSDT)