MEME is pressing exhaustion
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$MEME - SHORT
Trade Plan:
Current Price: $0.0005831
Entry: $0.0005840 - $0.0005950
SL: $0.0006200
TP1: $0.0005650
TP2: $0.0005420
TP3: $0.0005150
MEME is close to the upper side of its short-term range, so the better trade is the rejection, not a blind long into resistance. If price tags $0.000584-$0.000595 and fails to accept above it, late breakout buyers can get trapped. The first downside trigger is $0.0005650, where the local shelf starts to matter. A clean push above $0.0006200 invalidates the fade.
Is MEME setting a trap at the range high?
Click below for trade 👇
DYOR & manage risk!
$MEME #Write2Earn #MEME