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[$ME Signal] Long + Price and Volume Breakout
$ME Strong breakout after a 21% increase in volume, combined with a simultaneous rise in open interest. This is a typical signal of institutional entry, not a short squeeze.
🎯 Direction: Long
🎯 Entry: 0.275 - 0.282
🛑 Stop loss: 0.255 ( Rigid stop loss )
🚀 Target 1: 0.315
🚀 Target 2: 0.345
Price action shows that buying pressure is continuously absorbing above the key resistance level, with volume and price rising together confirming the validity of the breakout. The increase in open interest indicates new capital inflow, not a rebound driven by short covering. Currently, there is no obvious profit-taking selling pressure on the chart. A healthy pullback above the breakout zone is an ideal entry opportunity.
Trade here 👇 $ME
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