ME/USDT 1H Analysis โ CUP & HANDLE BREAKOUT LOADING! ๐ฅ๐
๐ 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! ๐
โก Hot Zones to Watch:
๐ข Resistance (Neckline): $3.69
Once we smash through this level, the skies open up for a run towards $4.55! ๐ฏ
๐ Support Zone: $3.60 - $3.63
The price is resting here while building energy for the final breakout.
๐ Target & Projection:
When this baby breaks out, the 30% measured move suggests a flight straight to $4.55! ๐๐ฅ
๐ Trade Setup Tips:
๐น Breakout Confirmation: Wait for price to close above $3.69 with strong volume. ๐ช
๐น Stop Loss: Just below $3.60 to manage risk.
๐น Take Profit: $4.55 is the sweet spot! ๐
๐ 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! ๐ข
๐ฌ Letโs Crush It Together:
TradingView family, this is the kind of setup that gets the adrenaline pumping! If youโre hyped for this breakout, drop a ๐ฅ in the comments! Letโs gooo! ๐ฅ๐
Howโs this for energy? ๐ฅ๐ฅ Let me know if you need more hype! ๐