$MEME /USDT – Bullish Momentum Building, Testing Recent Highs
$MEME is currently trading at $0.002950, showing a positive trend and approaching its 24-hour high of $0.003018. The price action suggests increasing buying pressure and a potential breakout attempt.
Trade Setup (Watching for Breakout):
Potential Support Zone: $0.002900 - $0.002930
Key Resistance: $0.003000 - $0.003050
Bullish Scenario:
Entry (Long): Break above $0.003050 with significant volume
Target 1: $0.003100
Target 2: $0.003150+
Stop Loss (Long): Below $0.002880
Bearish Scenario:
Entry (Short): Rejection at $0.003000 with increasing selling volume, break below $0.002900
Target 1: $0.002850
Target 2: $0.002800
Stop Loss (Short): Above $0.003030
MEME/USDT is showing promising bullish momentum. Keep a close eye on the $0.003000 - $0.003050 resistance zone. A strong break above this level could lead to further upside. Conversely, a rejection at this point could lead to a pullback. Monitor volume for confirmation of either scenario.
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