Here's a technical analysis of the MEME/USDT daily chart you provided:
quickly buy #MEME
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🧾 Current Price: $0.001896
📈 +7.67% (24h)
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🟩 Bullish Signs:
1. Price Above MA(7) & MA(25):
MA(7): $0.001846
MA(25): $0.001878
This crossover is bullish — short-term momentum is increasing.
2. Strong Volume Surge:
Volume spike signals renewed buying interest.
Big green candle suggests breakout attempt.
3. Wick to $0.002396 (24h high):
Shows strong upward volatility.
Indicates buyers are testing resistance zones.
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🟥 Bearish Risks:
1. Long Upper Wick (Rejection at High):
Sharp pullback from $0.002396 shows resistance and selling pressure.
Could form a temporary bull trap if not supported by follow-through.
2. MA(99) Resistance Near:
MA(99): $0.001938 — very close to current price.
This may act as strong resistance unless broken on volume.
3. Macro Downtrend Still Present:
Despite recent bounce, MEME is -81.80% over the last year.
Medium to long-term trend is still bearish.
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🔍 Key Levels:
Level Type Note
$0.00184 Support Recent base, near MA(7)
$0.00164 Strong Support Last pullback low
$0.00194–0.00200 Resistance MA(99), major breakout zone
$0.00240 Strong Resistance Today's wick high
$0.00260–0.00280 Target if breakout Next bullish target if above $0.0024
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🔄 Summary:
Signal Strength Verdict
Short-Term Trend 🔼 Bullish Buy on dips
Resistance Test ⚠️ Mixed Wait for breakout
Volume ✅ Strong Momentum valid
Risk Level ⚠️ Medium Use stop-loss
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🧠 Strategy Suggestion (Not Financial Advice):
✅ If holding: Watch for breakout above $0.0020 with strong volume.
⚠️ If entering: Possible entry on retest near $0.00184–0.00186, stop-loss below $0.00164.
🚀 Target zones: $0.0024 and then $0.0028 if bullish momentum continues.
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