🚀 $MEME /USDT Trading Setup
Current Price: $0.002103 (+5.73%)
Support: $0.00188 - $0.00190 (recent consolidation area)
Resistance: $0.00220 - $0.00223 (24-hour high and breakout level)
📊 Indicators and Observations:
RSI = 76 → Overbought area, indicating strong bullish momentum, but with risk of a pullback.
MA(7) and MA(25) cross above MA(99) → Short-term bullish structure.
The price recently broke out of the sideways consolidation with heavy trading volume ($MEME trading volume reached 7.11 billion).
The next move depends on whether the bulls can hold the psychological support level of $0.00200.
⚡ Reason:
Strong buying pressure and a breakout attempt; if momentum sustains above $0.00200, bulls may rally further.
The overbought RSI suggests a possible short-term pullback before further gains.
$MEME
{future}(MEMEUSDT)
🎯 Trade Idea:
Entry: $0.00200 - $0.00205 (retest of support)
Target 1: $0.00220
Target 2: $0.00230 - $0.00235
Stop Loss: Below $0.00188
#MEME #Scalping #Signal #AltcoinSeasonLoading #MarketPullback
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