$MEME /USDT BEARISH MOVE IN PLAY ⚠️📉

🔍 Technical Analysis (4H Chart Overview):

$MEME /USDT is showing weakness after failing to hold above a key resistance. Price is currently trading at $0.001627 (-5.63%), indicating strong bearish pressure.

📊 Key Levels to Watch:

Resistance: $0.001720 (Major Rejection Zone 🚫)

Support 1: $0.001600 (Currently Holding)

Support 2: $0.001570 (Next Demand Zone 📉)

⚙️ Trade Setup - SHORT POSITION:

Entry: $0.001630 - $0.001640 (On Weak Re-test)

Stop Loss: $0.001675 (Above resistance wick 🚫)

Target 1 (TP1): $0.001600

Target 2 (TP2): $0.001570

📌 Confirmation: Bearish candles with lower highs, failing to break above resistance zones. 4H momentum indicators signaling downside continuation.

📉 Risk Management Tip:

Never risk more than 1-2% of your capital per trade! Use tight SL and scale out profits as price drops. Smart trading = long-term survival 🧠💼

🚨 Stay alert and follow price action — the trend is your friend! 🧭

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