$MEME ✅ MEME/USDT (4-hour chart) Technical Analysis
📊 Current Price: 0.003888 USDT
🔺 Daily Change: +52.53%
📈 24-hour High: 0.004308
📉 24-hour Low: 0.002394
🔍 Chart Analysis:
1. Bullish Breakout:
Price broke out strongly from the 0.0028-0.0030 range and surged to 0.004308.
Significant increase in trading volume → Confirms strong buying pressure.
2. Resistance Zone:
Immediate resistance lies between 0.0043-0.0045.
A 4-hour candlestick close above this area could push the price above 0.0050.
3. Support Levels:
Immediate support is at 0.0033 – 0.0034.
Stronger support is around 0.0028 – 0.0029.
4. Indicators:
MA(5) > MA(10) → Confirmed uptrend.
Strong rising volume = likely to continue with large fluctuations.
🎯 Trade Setup:
Long Entry (Buy): Around 0.0033 – 0.0035 (Buy on dips).
Target: 0.0043 → 0.0048 → 0.0052
Stop Loss: Below 0.0030.
Profit Taking:
Consider some profit taking if the price hovers around 0.0043 – 0.0045.
⚠️ Note:
The price has risen over 50% today and may be due for a significant pullback. Be sure to set a stop-loss.
👉 Suggested title for Binance Square posts:
🚀 "MEME Up Over 50%! Next Move—Breakout or Pullback?"
#MEME #USDT #CryptocurrencyTrading #Binance #TechnicalAnalysis
$MEME
{spot}(MEMEUSDT)