ME's recent rebound is indeed quite strong. From the previous low of 0.1944, it has rebounded by 43%, and in the past 24 hours, the increase has reached 20.26%, clearly igniting bullish sentiment.

Looking at several key indicators, this rebound has solid backing. Trading volume has surged significantly, hitting a new phase high recently, indicating substantial capital inflow. In the short term, the bullish momentum is indeed strong. On the technical side, the MACD has also turned positive, with DIF crossing above DEA, and the histogram shifting from negative to positive. This kind of signal usually indicates that bullish energy is rapidly accumulating.

The short-term moving averages are more intuitive: MA5 at 0.2369, MA10 at 0.2256, and MA20 at 0.2202. The three lines are showing a standard bullish alignment, and the price is also holding above the short-term moving averages, which looks relatively stable.

If you want to participate in this rebound, the entry range can be considered between 0.260 and 0.285 USDT. Set the stop-loss at 0.24 (just below the key support at MA5). For targets, the first level is around 0.30 USDT (recent resistance), and the second level is around 0.33 USDT (near previous high).

The ME coin can be considered for long positions.