$ME USDT PERP — Market Overview
ME delivered a powerful momentum ignition after basing near 0.1308, launching into a vertical expansion phase. Buyers dominated order flow, driving price into a clean breakout structure with consecutive bullish candles and rising volume confirmation.
Currently trading around 0.2036, price is consolidating just beneath the intraday high at 0.2059. This zone acts as immediate breakout resistance while bulls attempt to build acceptance above the psychological 0.200 level. The trend remains strongly bullish as long as higher-low structure holds.
Key Levels in Play
Resistance: 0.2059 — 0.2200
Support: 0.1930 — 0.1765
Trade Plan
EP: 0.1950 — 0.2030
TP: 0.2059 / 0.2200
SL: 0.1860
Outlook
Sustained holding above 0.1930 keeps momentum firmly in buyers’ control, positioning price for another expansion leg into fresh liquidity above 0.2200. Failure to defend this support may trigger a cooling pullback toward 0.1765 before trend continuation attempts.
