📈 $MEME

EFI / USDT – Breakout or Bull Trap? 🧠⚠️

$MEMEFI just pulled a sharp vertical pump, tapping into key resistance near 0.00138, before retracing back to 0.001332. The chart shows a classic rising wedge breakout followed by an immediate rejection at the top zone.

🔍 Technical Breakdown:

📊 Current Price: 0.001332 (+3.34%)

🟦 Resistance Zone: 0.001375 – 0.001390

🔻 Support Trendline: Holding near 0.001300

💡 What to Watch:

A break above the blue resistance zone with volume could trigger the next leg up.

But failure to hold this trendline may send $MEMEFI back toward 0.001280 or lower.

⚙️ Strategy:

Wait for a clean breakout and retest above the resistance zone before entering.

If support holds, a bounce play is still on the table.

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