/USDT CRASHES 22% – WHAT’S NEXT FOR MEME COIN TRADERS? 🚨 1MBABYDOGE is trading at $0.0048884, down 21.97% in the last 24 hours. After peaking at $0.0067042, the price has seen significant selling pressure, breaking below key EMAs.
Key Levels to Monitor:
Resistance:
$0.0050390 (EMA 7): The immediate resistance level. A break above this could lead to recovery toward $0.0052605.
$0.0052605: Strong resistance that, if reclaimed, could set the stage for further upside.
Support:
$0.0045000: Critical support zone. A breakdown below this may lead to a deeper retracement.
$0.0035890 (next support zone): Potential downside target if selling continues.
Outlook:
The rejection at $0.0067042 suggests bearish momentum, with the price failing to hold above critical EMAs. Recovery hinges on reclaiming $0.0050390, while losing $0.0045000 could open doors to further declines.
⚠️ Note: Volatility remains high, and cautious trading is advised. Look for confirmation at key levels before entering positions.