$MEME The price is trending close to the middle line of the Bollinger bands (MA20). However, it shows that current prices are in balance, but the bands are narrowing (compression). This usually heralds a breakout move. The price movement has narrowed between the upper and lower band, there may be breaks that need to be taken into consideration. For the break movement, the upper resistance level of 0.01560 and the lower support level of 0.01260 should be followed carefully. RSI: 45.54. This indicates that the price is in the neutral zone, neither overbought nor oversold. However, the downward pressure appears to be slightly stronger. DIF (MACD line): 0.00011 and DEA (signal line): 0.00050. The MACD is currently in the negative territory and showing weak momentum. A negative histogram indicates that bearish pressure is slightly superior. There is a decrease in volume. This indicates that the market is currently indecisive and an increase in volume can be expected for a strong move. The Stochastic RSI is in the oversold zone (15.25) and is at lows. This could mean the price could make a recovery in the short term. It is not investment advice.#2024WithBinance #MemecoinWars