ME/USDT 1H Analysis - Potential Cup & Handle Pattern in Formatio

๐๐ฅ 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
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
Trade active
Trade closed: target reached
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.
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.