$MEME/USDT – STRONG Bullish Surge Approaches Resistance
$MEME just broke above 0.001970, posting a strong bullish candlestick pattern after testing support near 0.001862. This breakout suggests short-term bullish momentum, but the price is also approaching near-term resistance. Bulls will need a sustained volume breakout above 0.001987 to confirm further gains.
🔹 Trade Setup (Long)
Entry Zone: 0.001940 - 0.001965
Take Profit 1: 0.002000
Take Profit 2: 0.002050
Take Profit 3: 0.002100
Stop Loss: 0.001910
🔹 Market Outlook
Increasing volume and a decisive breakout support momentum in the bulls' favor. If the price breaks and holds above 0.001987, continuation towards 0.00205-0.00210 is possible. However, failure to hold above 0.001940 could trigger a quick pullback. Keep an eye out for consolidation around resistance.
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$MEME
{future}(MEMEUSDT)