On the 30-minute level chart of MEME, the yellow dot signal indicates the long buy point, which is a clear entry indication. But in order to ensure the accuracy of the signal, we recommend waiting for the yellow dot to stabilize before operating.
The target profit price is set at 0.013951 and 0.014126, and the expected maximum profit rate is 2.39%. In order to effectively manage risks, it is recommended to set the stop loss order at the previous low of 0.013581.
It should be noted that from the market trend at the 2-hour level, it is still in a bearish trend, which means that the market trend in the general direction is still biased downward.
Therefore, when operating long orders, it should be fully aware that the profit space may be relatively limited.
Once a profit is obtained, it is recommended to take timely lock-in measures and set a principal-protecting stop loss order to ensure that the existing profits can be protected in time when adverse changes occur in the market.
