$MEME 🔎 Technical Observations:
• Strong bullish candle breakout: Price broke above the recent consolidation zone around 0.002160 – 0.002190 with strong green candles.
• Volume spike: The breakout is supported by higher volume (3.85B MEME in last 24h).
• Current price: 0.002301, near today’s high (0.002323).
• Trend: Short-term momentum is bullish, showing a sharp upward move.
✅ Long Trade Signal:
• Entry Zone: Around 0.002280 – 0.002300 (current retest level).
• Targets:
• TP1: 0.002340 (recent wick zone).
• TP2: 0.002380 – 0.002400 (next resistance area).
• Stop Loss: Below 0.002190 (support from breakout zone).
⚠️ Risk Management:
• Risk/reward ratio is favorable if you keep SL tight near 0.002190.
• Be careful of a false breakout — if price quickly drops below 0.002220, momentum may fade.
👉 This looks like a valid short-term long setup, but you should monitor volume and candle strength to confirm continuation.
