🚨 $MEME
/USDT Technical Analysis Update 🚨
🔍 Current Price Action: MEME/USDT is experiencing a downward trend after testing the 24h high of $0.01333, now trading at $0.01253, reflecting a -12.65% dip.
📊 Key Levels to Watch:
1. Support at $0.012 🎯
The first level of support lies near $0.012, which has been holding up well. A bounce here could signal a potential reversal and bullish momentum.
2. Mid-term Target at $0.013 🎯
A recovery above $0.013 could indicate an uptrend, pushing MEME/USDT back toward its 24h high at $0.01333. This level is critical for bullish confirmation.
3. Strong Resistance at $0.014 🎯
If the price breaks through the resistance at $0.014, we could see further gains, targeting $0.015 in the short-term. Watch for higher volume as confirmation of this breakout.
🔴 Key Indicators:
24h Volume: 4.62B MEME
Price Action: Currently experiencing a pullback, down -7.07% over the last day.
💬 Conclusion: MEME/USDT is consolidating in a bearish structure, but it’s still holding vital support levels. Pay attention to these price targets and prepare for potential volatility in the coming hours.
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