$memefi Key Levels to Watch:
Current Price: Around $0.004378 - $0.004687 USD.
Resistance Levels:
Immediate Resistance: Around $0.00456 - $0.0048 USD. Breaking above this could signal further upward movement.
Next Resistance: $0.0058 USD.
Significant Resistance: The recent high around $0.0137 - $0.0141 USD will act as a major resistance level.
Potential Target: Some analysis suggests a potential move towards $0.0050 and even higher to $0.0058.
Support Levels:
Immediate Support: Around $0.004047 USD.
Key Support: $0.0035 - $0.0036 USD. Holding above this level is crucial for maintaining the bullish trend.
Stronger Support: $0.0031 USD. A break below this could lead to a significant drop.
Further Support: $0.0025 USD, and potentially down to $0.0016 USD in a bearish scenario.
All-Time Low Support: Around $0.000594 - $0.000596 USD. However, revisiting this level would indicate a strong bearish reversal.
Analysis Summary:
Bullish Momentum: MEMEFI has shown strong bullish momentum recently, with significant price surges.
Key Resistance Break: The ability to break and sustain above the $0.0048 resistance is crucial for further growth.
Support Holding: Maintaining support levels, particularly around $0.0035 - $0.0036, is vital to prevent significant pullbacks.
Volatility: As a meme coin, MEMEFI is prone to high volatility, and these levels can be tested and broken quickly.
Recommendations from Some Analysis (Please note these are not guaranteed):
Buy Zones: Look for potential entry points around $0.00360 - $0.00355 for spot traders. Scalpers might consider entries above $0.00365 on strength.
Target Prices: Initial targets could be $0.00372 (retesting recent high), followed by $0.00380 - $0.00400 (next major resistance).
Stop-Loss: Consider placing stop-loss orders below $0.00340 to protect capital if the trend breaks.