🔥 $MEME
🚨 MEME is heating up! 😈
Currently in a consolidation phase, but I feel the overall bias is bullish.
The volume is absolutely insane—a staggering 18.87 billion shares in 24 hours! This is a huge surge compared to normal levels, and you can see the recent green candlesticks also showing increasing volume. It definitely looks like genuine accumulation is underway.
Fund Flows: Futures are showing strong inflows across the 2-hour (+225,000 shares), 4-hour (+168,000 shares), and 6-hour (+229,000 shares) timeframes—buyers are entering the market. Of course, the 1-hour chart shows a slight negative (-115,000 shares), possibly indicating some profit-taking, and the spot 24-hour chart also shows a slight negative (-31,000 shares), but overall, long-term fund flows suggest that bullish momentum is building.
My view and trading strategy for $MEME: Cautious long position – a breakout is possible if volume remains strong.
Entry point: Currently around 0.000998, or better yet, a pullback to 0.00097-0.00098 (close to the 5-day/10-day moving average support).
Stop-loss: 0.000925 (below the S1 support level, allowing some room).
Target price: 0.00108 → 0.00110 (R3 resistance level and Bollinger Band middle section).
{spot}(MEMEUSDT)
Closely monitor whether the price can effectively break through the R1 resistance level (0.000973), and confirm with volume. If the price holds the support level and volume continues to rise, a rapid upward trend may follow. Is a rally imminent or a false breakout?
#MEME #MEMEusdt #memecoin #WriteToEarnUpgrade #BinanceAlphaAlert



