$MELI
15M | LONG SETUP
Price is consolidating above the 1,638 support zone after a strong recovery. Buyers are attempting to regain control, with 1,644–1,648 acting as the immediate resistance zone. A confirmed breakout could trigger the next bullish expansion.
EP: 1,641 – 1,643
TP1: 1,647
TP2: 1,652
TP3: 1,658
SL: 1,636
Bias: BULLISH above 1,638. Watch for breakout confirmation before entry. Maintain disciplined risk management.
$MELI
15M | LONG SETUP
Price is consolidating above the 1,638 support zone after a strong recovery. Buyers are attempting to regain control, with 1,644–1,648 acting as the immediate resistance zone. A confirmed breakout could trigger the next bullish expansion.
EP: 1,641 – 1,643
TP1: 1,647
TP2: 1,652
TP3: 1,658
SL: 1,636
Bias: BULLISH above 1,638. Watch for breakout confirmation before entry. Maintain disciplined risk management.
$MELI
