$ME /USDT BULLISH CONTINUATION ā PRICE COILING FOR ANOTHER UPSIDE PUSH š„
$ME /USDT is maintaining a bullish market structure after a strong impulse move, followed by a healthy pullback and consolidation. The price is holding above key support zones, signaling strength and suggesting buyers are preparing for the next upward expansion.
Immediate Market Move Explanation:
After tapping the 0.26 resistance, price corrected but respected the 0.22ā0.23 demand zone, forming higher lows. This behavior indicates profit-taking rather than trend reversal. As long as support holds, continuation toward the upper resistance levels is the higher-probability move.
š Trade Setup (LONG)
Entry: 0.2300 ā 0.2360
Stop Loss: 0.2190
Targets:
TP1: 0.2510
TP2: 0.2610
TP3: 0.2800
š® Market Outlook
The short-term outlook remains bullish while price stays above 0.22. A confirmed break above 0.261 can accelerate momentum and attract fresh buyers. Failure to hold support may lead to a brief consolidation before continuation.
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