$MEME
The market has just reacted sharply, but the candlestick structure still needs confirmation.
Price rebounded strongly from the 0.00135 area, and after being resisted twice near 0.00155, it is currently stabilizing around 0.001438.
Key Price Levels
• Support: 0.00135 – 0.00137
• Resistance: 0.00150 – 0.00155
• Middle Band: 0.00142 (Intraday equilibrium level)
Current Movement
• The rapid lower shadow pointing towards 0.00155 indicates that liquidity was being squeezed – buyers attempted a breakout but failed.
• The current candlestick is stabilizing above 0.00142, meaning that buyers remain active in this area.
• No divergence seen; as long as 0.00135 holds, momentum will remain neutral to slightly bullish.
• A breakout requires a closing price above 0.00150.
Trigger Conditions
• Breakout: 0.00150 → Opens a path for liquidity to fall back to 0.00155
• Breakdown: Break below 0.00135 → Short-term pullback to 0.00130
Disqualification Conditions
If the 1-hour closing price is completely below 0.00135, the bullish trend is invalidated.
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$MEME
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