$ME performed well after a volume breakout, and the price action reveals an interesting signal — buying pressure is continuing to take over, which is more like a healthy reset rather than a sign of topping out.

From a technical perspective, there are several points worth noting in this move. First is the volume and price performance: a daily increase of over 22% accompanied by rising trading volume and increasing open interest. This combination usually indicates that the main players are quietly entering the market, rather than bears pushing the price down. After breaking out, the price remains tightly consolidated at high levels, with selling pressure not being strong. Any short-term pullbacks are quickly absorbed, all pointing in the same direction.

If you're interested in following this opportunity, consider going long in the range of 0.2720-0.2780, with a strict stop-loss set at 0.2550( which is the support level of the breakout structure). On the upside, the first target is 0.3100, and if the upward momentum continues, 0.3400 is a further expectation.

The key is that as long as the price stays above 0.2550, the upward momentum should persist. These market signals are short-term, but understanding these details can help us find a clearer direction amid the volatility in the crypto market.