MELANIA/USDT: Setting Up for a Technical Rebound After 80% Drop?
Melania Meme (MELANIA/USDT) has sharply corrected down to the $0.32 – $0.33 zone, where signs of bear exhaustion are beginning to appear.
The latest daily candle closed below the lower Bollinger Band, a common technical trigger for short-term rebounds in oversold conditions.
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Technical Highlights:
Local support: $0.32
Daily RSI: Extremely oversold 10
First rebound target: $0.41 – $0.44
Extended move possible: $0.50 – $0.55 if volume kicks in
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Conclusion:
If volume increases, a speculative bounce of +20% to +50% is on the table. High-risk, short-term opportunity is active.
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