$MEME broke out strongly after several days of consolidation, following a period of continuous price decline. The price rose from around $0.001230 to a 24-hour high of $0.001545.
This breakout was accompanied by high volume, indicating a significant increase in buying power after a prolonged period of accumulation. The key price level is the $0.001379 area. If the price can hold this area, it will indicate that the consolidation phase has ended and a new uptrend is imminent.
{spot}(MEMEUSDT)
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