$MEME has shown a notable 8.061% increase in the past 24 hours, with a high of 0.001667.
Currently, the price is approaching the upper Bollinger Band at 0.001660, indicating potential overextension.
Support is at 0.001598, making a stop-loss below this level advisable for risk management.
The Bollinger Bands appear to be contracting, suggesting a potential increase in volatility ahead.
Traders should consider waiting for a confirmed breakout above 0.001667 before buying, or setting alerts for strategic entry points.
