$MEMEFI | MemeFi Token Trade Setup
Liquidation Info: A $1.60K long was liquidated at $0.00253—a classic shake‑out zone washed out weaker hands.
Buy Zone: $0.00250 – $0.00255
Great dip‑entry area near the liquidation price—expect support to form here.
Target Prices:
• Target 1: $0.00275 — bounce toward recent intraday highs
• Target 2: $0.00300 — breakout zone if momentum builds
Stop‑loss: $0.00247 — exit if price breaks below key support
📊 Key Support / Resistance:
• Support: ~$0.00250–$0.00253 (liquidation level + previous dip low)
• Resistance: ~$0.00275 (high of day), then $0.00300 psychological zone
📈 Market Feeling:
Bullish momentum is strong—price is up ~87% in the last 24 h on massive volume, clearing out weak longs. That usually sets the stage for new buyers to come in. If price holds steady at around $0.00250, we could see another run to $0.00300.
🧠 Why This Trade Is Attractive:
The liquidation at $0.00253 likely removed weak long positions, clearing the way for stronger buyers.
A retrace into the $0.00250–$0.00255 zone offers favorable risk/reward.
Price strength and volume support upside to $0.00275 or even $0.00300.
But if $0.00247 breaks, we cut fast—invalidates the support zone.
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