[$ME Signal] Long position, breakout with increased volume for accumulation

2026-01-18 17:48:35

$ME Shows strong consolidation after a volume breakout, with price action indicating continuous absorption by buyers, resetting healthily rather than forming a top.

🎯 Direction: Long

🎯 Entry: 0.2720 - 0.2780

🛑 Stop Loss: 0.2550 ( Rigid Stop Loss )

🚀 Target 1: 0.3100

🚀 Target 2: 0.3400

$ME Daily increase exceeds 22%, accompanied by rising volume and price, as well as increasing open interest. This is a typical sign of main force entering rather than a short squeeze. After the breakout, the price consolidates tightly at high levels with no significant selling pressure, and lower timeframe pullbacks are quickly absorbed. As long as the price remains above 0.2550, the breakout structure, upward momentum will continue.

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