Will $MELANIA Follow the Bullish Trend❓#MELANIA Pump Incoming or Just Market Hype❓Bulls vs. Bears Who Will Control #MELANIA ❓🚨 $MELANIA /USDT Facing Crucial Decision Consolidation or Breakout❓#MELANIA /USDT is trading at $1.606, showing marginal changes and a tight trading range. After hitting a low of $1.217, the price has shown signs of consolidation, with RSI at 44.98 indicating neutral momentum.
Key Levels to Monitor:
Resistance: $1.80 – A breakout here could drive prices toward $2.00 and potentially $2.20.
Support: $1.57 – A breach below this could trigger a decline to $1.40 or lower.
Trade Suggestions:
Long Setup: Entry above $1.62, aiming for $1.80 and $2.00.
Short Setup: Entry below $1.57, targeting $1.40 and $1.20.
Stop Loss: Tight stop loss at $1.60 for both trades.
Market Insight:
The chart shows reduced volatility with SAR indicators signaling stabilization. Keep an eye on trading volume and momentum for potential breakouts or reversals.
