$MEME
USDT BEARISH REVERSAL EXPECTED – SHORT BEFORE THE DUMP
$MEMEUSDT is showing signs of rejection from its strong resistance zone near 0.001584 – 0.001598, failing multiple times to break above. Current price is 0.001548, and the recent bearish candle indicates selling pressure building up.
🔻 Key Levels:
Resistance: 0.001584 – 0.001598
Support: 0.001477
Current Price: 0.001548
📉 Trade Setup (Short):
Entry Zone: 0.001550 – 0.001557
Take Profit (TP): 0.001477
Stop Loss (SL): 0.001584
📊 Market Outlook:
Momentum is shifting bearish after repeated rejections at the resistance. A clear break below 0.001540 will accelerate the down move towards 0.001477 support. Trend remains weak under resistance, favouring shorts.
⚠️ Risk Management:
Always use strict stop loss and risk max 1-2% per trade to protect capital in volatile setups like MEME.
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💭 Comment ⬇️ if you see this short playing out soon!
buy and trade here on $MEME