BOOM! $MEME Just Took a Hit – But Is It Setting Up for a MONSTER Comeback?
Longs Liquidated: $2,833.6 at $0.002212 – The weak hands are out... and the real game might just be getting started!
After a brutal flush below key support, $MEME is flashing early signs of a trend reversal – and smart money could already be circling.
Technical Analysis Zone (TA Breakdown):
Buy Zone:
Primary Entry: $0.00215 – $0.00225
This is the demand zone where liquidations occurred. A high-probability bounce zone where bulls may reload.
Secondary Entry (Dips): $0.00200 – If price retests this level with strength and wicks back up, it's a golden reload opportunity.
Target Zones:
1. TP1: $0.00242 – Minor resistance; watch for partial booking.
2. TP2: $0.00268 – Next liquidity cluster, key battle zone.
3. TP3: $0.00300 – Round psychological level, ideal full exit for short-term trades.
Stop Loss:
Hard SL: $0.00189 – Below this level, structure breaks. Bears take control.
Why This Setup Rocks:
Volume spike near liquidation point shows panic selling – smart buyers often hunt here.
RSI divergence on 1H chart – momentum could be shifting.
Price Compression forming a potential breakout wedge on 4H.
Narrative:
Everyone saw the liquidation. Most ran. But you? You're reading the map. $MEME doesn’t just drop – it coils before it explodes.
Will you ride the next wave or watch it fly from the sidelines?