$MEMEFI SIGNAL ALERT 🔴✨️✨️✨️

🚨INVERSE CUP AND HANDLE – BEARISH MOVE INCOMING!🚨

$MEMEFI is continously facing bearish pressure and has formed an inverse cup and handle chart pattern, a bearish continuation signal indicating potential further downside after a brief consolidation. The price peaked at 0.005369, dropped, and formed the "handle" before breaking down to 0.004407 (-28.37%). The RSI at 50.976879 reflects neutral momentum, but the price is below the MA7 (0.004453), with volume at 272.054M showing seller dominance. A potential MACD bearish crossover supports the downward pressure.

$MEMEFI TRADE SETUP:

🔴ENTRY: 0.00425 (Breakdown confirmed)

🎯TP1: 0.0042

🎯TP2: 0.0041

🎯TP3: 0.0038

🎯TP4: 0.0035+

🔴SL: 0.0045

Stick to the stop-loss to manage risk and avoid holding too long if momentum shifts. A common mistake is ignoring pattern confirmations like the inverse cup and handle – this clear bearish signal, paired with seller control, makes this a high-probability short trade!

DYOR

FOLLOW

DR_MT