Here's a quick technical support and resistance analysis for the Binance MEME/USDT pair (1-day timeframe):
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📊 Current Price: 0.002012 USDT
✅ Today's Gain: +15.43%
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🔽 Support Levels
The following are areas where price has previously rebounded or consolidated:
1. 0.001740–0.001760 – Recent consolidation area, supporting multiple candlestick patterns.
2. 0.001505 – Local bottom prior to this breakout.
3. 0.001323 – Major bottom from early July (strong support).
4. 0.001183–0.001190 – 25-day moving average area, which could become dynamic support if the price pulls back.
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🔼 Resistance Levels
The following are price ceilings where MEME/USDT may face selling pressure:
1. 0.002214 – previous highs from early July.
2. 0.002396 – today’s 24-hour high (key short-term resistance).
3. 0.002450 – psychological level above the current high (watch for continuation of the bullish breakout).
4. 0.002900–0.003000 – psychological barrier and previous highs (medium-term target area if the uptrend continues).
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🔍 Indicators to watch:
MA(7): 0.001862 (upward breakout – short-term bullish signal).
MA(25): 0.001883 (also upside breakout – momentum strengthening).
MA(99): 0.001939 (price just broke through this level - may become new support level).
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📈 Summary:
Type Price Range
🔽 Support 0.00174 / 0.00150 / 0.00132
🔼 Resistance 0.00221 / 0.00239 / 0.00245
Price just broke through on volume, so keep an eye on the 0.00221–0.00239 area. A strong breakout with sustained volume could lead to a breakout above 0.00245, but if the breakout is blocked, a retest of 0.00174 or lower is possible.
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#MEME $MEME