$MEME /USDT:

$MEME /USDT – STRONG BEARISH PRESSURE, WATCH FOR SUPPORT

Current Price: 0.002550 USDT

24h High / Low: 0.002928 / 0.002498

24h Volume: 12.23B MEME / 33.06M USDT

Key Levels:

Support: 0.002500 – 0.002520 (recent low zone)

Resistance: 0.002620 – 0.002640 (short-term bounce zone)

Major Resistance: 0.002700 – 0.002720

Trade Setup:

Long Entry: 0.002500 – 0.002515 (if support holds with buying pressure)

Take Profit: 0.002580 – 0.002600

Stop Loss: 0.002480 (below support)

Short Entry: 0.002620 – 0.002640 (if price fails to break resistance)

Target Short: 0.002550 – 0.002520

Stop Loss: 0.002660 (above resistance)

Technical Outlook:

MEME is down ~8.77% from 24h high, showing strong selling pressure

RSI likely near oversold — watch for potential short-term rebound

MACD may indicate bearish momentum; caution on long positions

High volatility due to low price and large supply — expect sharp swings

Risk Management:

Keep trade size small (1–2% of portfolio) due to high volatility

Confirm support or resistance with candlestick confirmation before entry

Avoid chasing during aggressive drops

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