๐ $MEME /USDT: WATCH FOR A POTENTIAL BREAKOUT OR RETRACEMENT! โก
The $MEME /USDT pair is currently trading at 0.01146, hovering near important support levels. The market is in a crucial position where a breakout or a retracement could occur, so traders should stay alert for a shift in momentum.
๐ Trade Scenarios:
Entry Point: 0.01146
Take Profit (TP) 1: 0.01180
Take Profit (TP) 2: 0.01220
Take Profit (TP 3): 0.01250
Stop Loss (SL): 0.01110
Support is found at 0.01110, while resistance lies around 0.01180. A breakout above 0.01180 could signal a bullish continuation toward 0.01220 and 0.01250. However, a drop below 0.01110 could trigger a bearish retracement.
๐ Market Outlook:
MEME is consolidating near support, and a bounce from 0.01110 could lead to a move higher toward 0.01180 and beyond. A break above 0.01180 would strengthen the bullish outlook. If the price dips below 0.01110, a bearish pullback is likely.
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