MEUSDT has reached the Fibonacci 0.5 and 0.382 levels. From here, the bullish trend may resume toward the 0.81–0.85 range. Recently, it broke out of the bullish wedge, and the price moved as predicted. As part of the correction, the price has now bounced from this area.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.