$MEME Technical Analysis: Bullish Reversal and Continuation Market Short-Term Outlook The MEME 1D timeframe chart shows a clear shift from a strong downtrend (marked by the steepening MA(99)) to a potential near-term uptrend. The price recently broke through the short-term MA(7) and medium-term MA(25) lines significantly and began to reverse upwards. This is a classic sign of momentum shifting from bearish to bullish. The MA(7) crossing above the MA(25) is a bullish signal (short-term momentum outstripping medium-term momentum). The recent increase in volume further confirms this momentum and indicates strong buying pressure in the market, confirming the bullish reversal. Buy Trading Signals Trade Setups * Long Entry (Buy): Enter a position on a minor price pullback to the recent breakout level or MA(7), which may act as support. * Entry price (approximately): \mathbf{0.0042} (near MA(7) at \mathbf{0.004133}) * TP1 (Target 1): Based on the next key resistance/psychological level. * Price: \mathbf{0.0055} (above the recent high and near MA(99) before the sharp decline) * TP2 (Target 2): Test of the long-term MA(99) as the main resistance level. * Price: \mathbf{0.0075} (slightly below the next major MA on the chart: \mathbf{0.0075398}) * SL (Stop Loss): Set below the medium-term MA(25) to prevent trend invalidation. * Price: \mathbf{0.0031} (below MA(25) at \mathbf{0.0033144}) $MEME #MEME #CryptocurrencyTrading #TechnicalAnalysis #Bullish #MovingAverage