$ME /USDT – Long Trade Setup!

$ME has printed a strong impulsive breakout followed by a healthy consolidation above the 0.28 support zone. Price is holding higher lows after the spike, suggesting absorption rather than distribution, and as long as this base holds, continuation remains the higher-probability move.

Trade Setup (Long):

Entry Zone: 0.280 – 0.290

Stop Loss: 0.265

Targets:

TP1: 0.320

TP2: 0.360

TP3: 0.420

Best approach is patience on pullbacks into support; avoid chasing extended candles after sharp moves.