$MEME/USDT Short Opportunity – Intraday Highs Resisted
MEME surged to $0.002130 but subsequently faced selling pressure, forming a long upper shadow – a sign of resistance resistance. The sudden drop after the surge suggests active sellers, increasing the likelihood of a short-term correction.
Trade Setup:
Entry Range: $0.001980 - $0.002000
Target Price 1: $0.001940
Target Price 2: $0.001880
Stop Loss: $0.002050
Market Outlook:
If the price fails to reclaim $0.00200 on strong volume, bearish momentum could push it back to the $0.00187-$0.00182 support levels.
#MEME #CryptoTrading #Bearish #Binance #Altcoin
{future}(MEMEUSDT)