$MEME

**[ MEME/USDT - Sell Signal (Dangerously Overbought) ]**

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▶ **Entry:** 0.002880 - 0.002920

✅ **Take Profit 1:** 0.002600

✅ **Take Profit 2:** 0.002400

⛔ **Stop Loss:** 0.003020

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📊 **In-Depth Indicator Analysis:**

**1. Momentum Analysis:**

- **RSI (14): 83.73** - Extremely overbought (above 80 is considered a danger zone)

- **RSI (30): 74.63** - Indicates continued buying pressure but with exhaustion

- **Negative divergence** between RSI and price on the hourly timeframe

**2. Moving Averages Analysis:**

- Price above **all moving averages** (EMA 9, 21, 50, 200)

- **Large distances** between price and moving averages indicate a likelihood of correction

- EMA 200 (0.001885) is very far from the current price

**3. Volume Analysis:**

- **Unusually high volume peak** (7.8B) - Indicates distribution

- **Declining volume** on recent highs (15-minute timeframe)

**4. MACD Analysis:**

- **Positive but weak** (0.000067)

- **Negative divergence** on the hourly timeframe with continued upward movement

🎯 **Critical Entry Points:**

1. **Direct Entry:** upon reaching 0.002880-0.002920

2. **Conditional Entry:** after breaking support at 0.002700

3. **Safe Entry:** after confirmation of a candlestick reversal

**Alternative Scenario:**

If resistance at 0.003020 is broken, the price may target 0.003200

#FOMCMinutes