$MEME/USDT – Bearish Pressure Increasing, Crash Possible Imminent
The chart shows that $MEME is trading at 0.002641, having failed to hold the key resistance level near 0.00274. Repeated price pullbacks and lower highs are signaling weak momentum. Currently hovering above the support level of 0.00254, a break below this level would suggest further declines in the short term.
Trade Setup:
Entry (Short): 0.00264 – 0.00266
Target Price (TP): 0.00258 / 0.00254 / 0.00248
Stop Loss (SL): 0.00272
Market Outlook:
Shorts remain dominant, and bearish sentiment persists. Unless the price breaks through the 0.00274 level on strong volume, a continuation of the downtrend in the near term is more likely.
#cryptotrading #MEME #USDT #bear market trend #altcoin $MEME
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