#数字资产市场动态 $ME has entered a high-level consolidation phase after a volume breakout. From the price action, buying pressure has been continuously absorbing, which looks more like healthy shakeout rather than a top signal.
**Trading Strategy** The main direction is bullish. Enter within the range of 0.270-0.275, with a strict stop-loss set at 0.245. The first target is 0.310, and if strength continues, you can chase higher to 0.340.
**Key Observation** $ME's rapid surge of over 20% is quite interesting—its open interest is also rising in sync. This is not a false prosperity caused by short sellers' stampede, but genuine institutional entry. On the chart, the price is closely hugging the consolidation at the breakout point, with no signs of large investors rushing to dump and take profits. Once a low-level pullback occurs, buying will immediately absorb.
As long as the support zone of 0.245-0.255 holds, upward momentum may continue to extend. Be patient at this stage and wait for clearer confirmation of the trend.
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SelfSovereignSteve
· 01-21 20:38
0.245 this line must hold, otherwise the entire logic will collapse.
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MetaverseMigrant
· 01-19 06:31
0.245 is really a threshold that, if broken, forces you to ask yourself honestly. For now, the main force's attitude remains very firm.
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MoneyBurnerSociety
· 01-18 22:30
Haha, another round of "healthy shakeout." I believed it the last time too, and I got wiped out to zero directly.
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LayerZeroEnjoyer
· 01-18 22:29
0.245, this line must be held, otherwise the story can't go on.
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BearMarketLightning
· 01-18 22:29
0.245 broke, I cut my losses directly. What I fear most about this high-level consolidation is a false breakout.
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memecoin_therapy
· 01-18 22:29
If this 0.245 line really breaks, the entire logic will collapse.
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ZKProofster
· 01-18 22:25
honestly the volume thesis here is actually interesting—usually see this kind of accumulation pattern right before things move, but let's not get ahead of ourselves. 0.245 is the real test, everything else is just noise till then
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LiquidatedThrice
· 01-18 22:23
0.245 is the real hurdle; if we break through it, we have to run, otherwise the main force's entry this time will be in vain.
#数字资产市场动态 $ME has entered a high-level consolidation phase after a volume breakout. From the price action, buying pressure has been continuously absorbing, which looks more like healthy shakeout rather than a top signal.
**Trading Strategy**
The main direction is bullish. Enter within the range of 0.270-0.275, with a strict stop-loss set at 0.245. The first target is 0.310, and if strength continues, you can chase higher to 0.340.
**Key Observation**
$ME's rapid surge of over 20% is quite interesting—its open interest is also rising in sync. This is not a false prosperity caused by short sellers' stampede, but genuine institutional entry. On the chart, the price is closely hugging the consolidation at the breakout point, with no signs of large investors rushing to dump and take profits. Once a low-level pullback occurs, buying will immediately absorb.
As long as the support zone of 0.245-0.255 holds, upward momentum may continue to extend. Be patient at this stage and wait for clearer confirmation of the trend.