🚀 $MEME Bullish Alert, Bullish Analysis
The $MEME/USDT price experienced a strong impulsive rise near 0.001426, followed by a controlled pullback and bottom formation. Currently, the price is holding above 0.001162, making a rebound to the 0.001257–0.001352 area highly probable. However, a break below 0.001162 would push the price towards a low of 0.001008, which would then be at risk.
📊 Market Overview
Analysis Timeframe: 1 hour
Current Price: 0.001121
24-Hour High: 0.001426
24-Hour Low: 0.001008
Volume: 16.22 billion MEME
Volume: 20.31 million USDT
📌 Key Price Levels
Support Levels: 0.001121, 0.001067, 0.001008, 0.000993
Resistance Levels: 0.001162, 0.001257, 0.001352
🎯 Trading Settings
Entry Zone: 0.001067 to 0.001130
Take-Profit 1: 0.001162
Take-Profit 2: 0.001257
Take-Profit 3: 0.001352
Stop Loss: 0.001000
⚠️ Warning: This setting is invalid if the MEME price closes below 0.001008 after 1 hour and fails to regain that level (breaks a new low).
✨ Summary
Short selling is possible if 0.001008 holds. The path to 0.001352 remains valid as long as the price stays above the aforementioned support level. Watch for a breakout and retest of 0.001162 with increased volume to confirm this level.
{Spot} (MEMEUSDT)
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