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MEUSDT trade ideas

Magic Eden’s ME Token Eyes Bounce After Trump Wallet VolatilityOn June 3, , Magic Eden ( BINANCE:MEUSDT ) announced a collaboration with a project called to launch a new" Trump Wallet " This announcement triggered a + 35% price increase , pushing the price of ME Token to approximately $1.17 . However, shortly afterward, members of the Trump family, including Donald Trump Jr. , denied any involvement with the wallet or the project. This resulted in a -20% price drop due to shaken investor confidence . ----------------------------- Let’s see how ME Token is doing on the 1-hour timeframe . ME Token is trading in the Support zone($1.03-$0.96) near the 50_SMA(Daily) . From the Elliott Wave theory perspective, ME Token seems to have completed the main wave 3 and is currently completing the main wave 4 . I expect ME Token to rise to at least $1.146(+15%) . Second Target: $1.237 Note: Stop Loss = $0.95 Please respect each other's ideas and express them politely if you agree or disagree. Magic Eden Analyze (MEUSDT), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
15
MetaUnit | Long Entry signal for MEU/USDT Analysis: MLR > SMA: The MLR (blue) is above the SMA (pink), signaling a bullish trend. MLR > BB Center: MLR exceeds the Bollinger Bands Center Line (orange), showing strong bullish momentum. PSAR: PSAR dots (black) are below the price, reinforcing the uptrend. No SMA 200: SMA 200 unavailable - proceed with caution. Trade Idea: Entry: Consider a long position at the daily close. Stop Loss: Place SL at the current PSAR level to limit downside risk. Follow Me: Follow me for exit or profit-taking opportunities. Outlook: All indicators align for a bullish move. Stay alert for reversal signals or trend shifts. Risk Warning: Not financial advice, trade at your own risk
Long
by vagada
MEUSDT Ready to Explode or Another Bull Trap?Yello, Paradisers! Are we about to witness a strong bullish reversal on MEUSDT, or is another trap being set? Let’s break it down. 💎MEUSDT has formed a well-structured ending diagonal with a clear 5-wave pattern, increasing the probability of an upcoming bullish move. Additionally, the inverse head & shoulders pattern, combined with bullish divergence, further supports a potential reversal. However, for confirmation, we need a decisive breakout and candle close above the key resistance zone to increase our odds. 💎In case of a retracement or panic selling, we are eyeing a bounce from the major support zone, where a potential double-bottom formation could play out. But to strengthen the bullish case, we need to see bullish I-CHoCH (Internal Change of Character) or a W-pattern forming on lower timeframes. 💎On the flip side, if MEUSDT breaks down and closes candle below the major support zone, it will invalidate our bullish outlook. In that scenario, waiting for stronger price action and a more favorable setup would be the best approach. 🎖Patience and strategy are key, Paradisers! Rushing into trades without confirmation is a sure way to get trapped. Play it smart, stay disciplined, and wait for high-probability setups. That’s how you win in this market! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
4
Magic Eden: Looks Promising (1,050% Potential Revealed/Mapped) This is a short-term chart but I don't care. It is very clear that MEUSDT (Magic Eden) broke out of a major downtrend. This downtrend was active since last December 2024. Good afternoon living Spirit, how are you feeling now? Notice the blue lines on the chart, a falling wedge pattern. The upper line defines the downtrend and it has been broken. There is high volume when this trendline breaks. This puts us into bullish territory. So we don't care if the chart is young if the chart is saying that prices can grow. What's your take? I can sense some positive energies coming from this thing so its team must be planning something big. Will it grow? That's what I think. The break of the downtrend also produced a classic bottom pattern. This is drawn here as a yellow cup. The cup and orange line; it breaks below just to move back above. That's all I have because this is a young chart but the market is one and it is all the same. If we are bullish on Bitcoin, on EOS, on Polygon and the other Altcoins, Trump, we are bullish on Magic Eden and the rest of the market as well. Some will move now, others will move very late. The bull-market will develop all throughout 2025. How to pick the ones that will move first? Follow me. I will be sharing with you the best charts, the best Altcoins and the best pairs. Patience is key though, the market adapts live to everything we do, so a pair that is about to move can be easily delayed. Instead of focusing on the short-term, think of the bigger picture; focus on the long-term. For how long am I willing to wait to produce a successful trade? Do I prefer to lose $1,000 fast, or is it better to earn $10,000 slow? What are your targets? What are your goals? You can decide to turn $10,000 into $50,000. This can help you develop a strategy with a clear goal in mind. If you enter a pair and immediately you are wondering what is going to happen and anxiety takes over you, something is wrong. Like this, it can never work. If you enter a pair and you can disconnect and take care of anything in your life that needs to be taken care of, this can work. This way can produce positive results. If you are anxious after buying, it means you need more information, more education, you need to practice more before taking action. If you are good. Go ahead. You will be blessed with all the good things in life and all that you truly deserve. The market is here for us. The market is here to stay. Cryptocurrency is the future of money. There is no going back now. You are in the right place at the right time. You are making great choices and for these choices you are making you will be paid. The market will not end after 2025 nor in 2026 nor ever for as long as we live. This is a long-term development and it is a new market which means that the best is not yet seen. Opportunities are endless. Feel free to follow me if you enjoy the content. We are here to win and succeed. Namaste.
Long
by MasterAnanda
MEUSDT Falling Pattern Breakout with 200%-250% Potential GainsMEUSDT has recently broken out of its Falling Pattern, signaling the potential for a strong price rally. A Falling Pattern often sets the stage for a reversal, and with the breakout now complete, MEUSDT is poised to enter a bullish phase. The pattern, which typically consists of lower lows and lower highs, has now formed a solid foundation for the price to move upward. With good volume supporting this breakout, there’s strong market confidence in the project, and traders are anticipating a surge in price. The expected gain range for this move is substantial, with projections of 200% to 250%+, making this a highly attractive opportunity for those looking to capitalize on significant upside potential. The breakout from the Falling Pattern is a key technical event that signals a shift in market sentiment. As the price pushes higher, the breakout confirms that the bears may have lost control, and the bulls are now taking charge. With volume continuing to support the move, it increases the likelihood that MEUSDT will maintain upward momentum. As more traders and investors take notice of this development, the price could continue to rise, potentially testing previous highs and delivering substantial returns for those who timed their entry correctly. Investor interest in MEUSDT has been growing, and this breakout has captured the attention of many in the crypto community. The combination of a completed Falling Pattern, solid volume, and growing market sentiment creates a perfect setup for significant gains. If MEUSDT continues to follow the expected bullish trajectory, it could quickly move into a new price range, delivering impressive returns to traders who are quick to act. This could be the beginning of a strong bullish trend for MEUSDT, and those who enter at the right time could see massive profits. As always, it's important for traders to watch key resistance levels and price action carefully. The next few price movements will determine whether MEUSDT can maintain its bullish trend and reach the expected gains. Given the current breakout and the positive technical indicators, MEUSDT presents an exciting opportunity for traders looking to profit from the next major move in the crypto space. Keeping an eye on volume and support levels will be essential to navigating this setup successfully.
Long
by Alpha-GoldFX
2
Magic Eden - Double Bottom - breaking downtrendMagic Eden looks to have carved out a double bottom around the $2.30-2.40 area. It is also in a very large falling wedge. We appear to be breaking out from the downtrend of that falling wedge as we speak. We need to establish support above the demand zone S/R of $3.26. From there we would need to attack the $4.00-$5.00 area and establish it as support. If we can do that, I could maybe see Magic Eden hitting $24.00-$30.00 for the latter part of this bull market. Thank you, and best of luck in your trading and investing!
Long
by LoneWolf1425
MEUSDT Perp IdeaAlright, here’s my setup for this trade, targeting a 1.88 R: I’m expecting the price to reject off the orange resistance zone and head lower, continuing the bearish trend. My entry is just below that zone, with a stop loss placed slightly above the resistance to protect against any unexpected breakout. The take profit target is at the blue zone, where I anticipate the price to reach after a clean rejection. What could go wrong? Well, if the price breaks above the resistance zone and hits my stop loss, this trade will fail. I’m also wary of a possible false breakout—you know, those annoying stop hunts where the price spikes just enough to stop you out before reversing back in your favor. Additionally, if the price consolidates without giving a strong bearish signal or bounces above the diagonal trendline, it could invalidate my setup. Overall, I’m playing it safe with a 1.88 R risk-reward ratio, and I’ll be watching closely for any signs of a failed rejection.
by Malthus-JR
1
MAGIC EDEN CHART ANALYSIS Based on the provided chart, here's an analysis of the ME/USDT trading pair on Binance with a 1-hour timeframe: Price Movement: The current price of ME/USDT is 2.673 USDT, which is down by 4.40% from the previous value. This indicates a bearish trend in the short term. Resistance and Support Levels: Resistance: You've marked a resistance level at approximately 2.998 USDT. The price has recently touched this level but failed to break through, suggesting strong selling pressure at this point. Support: The support level is marked at around 2.659 USDT. The price has bounced off this level multiple times, indicating it's a significant support area. Trend Line: There's an upward trend line drawn from the support area, which suggests that despite the recent downturn, there was an established upward trend before this drop. The trend line acts as dynamic support, and as long as the price stays above this line, the overall trend could still be considered bullish from a longer-term perspective. Overbought (OB) Zones: There are two overbought zones marked on the chart: One around 2.840 USDT to 2.887 USDT where the price previously peaked and then corrected. Another around 2.900 USDT to 3.050 USDT, which is above the current resistance. This suggests that if the price were to break the resistance, it might enter overbought territory soon after. Recent Action: The price has fallen from the resistance level and is now testing the support level. The candle at the current time (26:33) is red, indicating further selling pressure at this moment. Potential Scenarios: Bearish Scenario: If the price breaks below the support level of 2.659 USDT, it might indicate a stronger bearish trend, potentially leading to further declines. Bullish Scenario: If the price holds above the support and the trend line, and especially if it manages to break above the resistance at 2.998 USDT, this could signal a continuation of the previous upward trend. Given your location in the US, if you're looking for more localized insights or if there are recent developments in this market that might affect this analysis, please provide more details or let me know if you'd like me to search for recent news or data. Remember, while technical analysis can provide insights, it's always important to consider broader market conditions, news, and fundamental analysis before making trading decisions.
by sitoshinawakamoto
2
MAGIC EDEN CHART ANALYSIS Based on the provided chart, here's an analysis of the ME/USDT trading pair on Binance with a 1-hour timeframe: Price Movement: The current price of ME/USDT is 2.673 USDT, which is down by 4.40% from the previous value. This indicates a bearish trend in the short term. Resistance and Support Levels: Resistance: You've marked a resistance level at approximately 2.998 USDT. The price has recently touched this level but failed to break through, suggesting strong selling pressure at this point. Support: The support level is marked at around 2.659 USDT. The price has bounced off this level multiple times, indicating it's a significant support area. Trend Line: There's an upward trend line drawn from the support area, which suggests that despite the recent downturn, there was an established upward trend before this drop. The trend line acts as dynamic support, and as long as the price stays above this line, the overall trend could still be considered bullish from a longer-term perspective. Overbought (OB) Zones: There are two overbought zones marked on the chart: One around 2.840 USDT to 2.887 USDT where the price previously peaked and then corrected. Another around 2.900 USDT to 3.050 USDT, which is above the current resistance. This suggests that if the price were to break the resistance, it might enter overbought territory soon after. Recent Action: The price has fallen from the resistance level and is now testing the support level. The candle at the current time (26:33) is red, indicating further selling pressure at this moment. Potential Scenarios: Bearish Scenario: If the price breaks below the support level of 2.659 USDT, it might indicate a stronger bearish trend, potentially leading to further declines. Bullish Scenario: If the price holds above the support and the trend line, and especially if it manages to break above the resistance at 2.998 USDT, this could signal a continuation of the previous upward trend. Given your location in the US, if you're looking for more localized insights or if there are recent developments in this market that might affect this analysis, please provide more details or let me know if you'd like me to search for recent news or data. Remember, while technical analysis can provide insights, it's always important to consider broader market conditions, news, and fundamental analysis before making trading decisions.
by sitoshinawakamoto
ME/USDT 1H Analysis - Potential Cup & Handle Pattern in Formatio🚀🔥 ME/USDT 1H Analysis – CUP & HANDLE BREAKOUT LOADING! 🔥🚀 📈 Pattern Power: Ladies and gentlemen, the Cup & Handle pattern is shining bright on the 1-hour chart! This is one of the most reliable bullish continuation patterns, and it looks ready to explode! 🌟 ⚡ Hot Zones to Watch: 🟢 Resistance (Neckline): $3.69 Once we smash through this level, the skies open up for a run towards $4.55! 🎯 🟠 Support Zone: $3.60 - $3.63 The price is resting here while building energy for the final breakout. 🚀 Target & Projection: When this baby breaks out, the 30% measured move suggests a flight straight to $4.55! 🎉💥 📌 Trade Setup Tips: 🔹 Breakout Confirmation: Wait for price to close above $3.69 with strong volume. 💪 🔹 Stop Loss: Just below $3.60 to manage risk. 🔹 Take Profit: $4.55 is the sweet spot! 🍒 🌟 Momentum Boost: This setup has all the energy to ignite a rally. Keep an eye on volume spikes and RSI strength as the breakout nears. The handle formation is the calm before the storm. Buckle up! 🎢 💬 Let’s Crush It Together: TradingView family, this is the kind of setup that gets the adrenaline pumping! If you’re hyped for this breakout, drop a 🔥 in the comments! Let’s gooo! 💥🚀 How’s this for energy? 🔥🔥 Let me know if you need more hype! 😊
Long
by RajaSaien
3