$MEME
Support Levels (Buy Orders):$0.01070: 2.26M MEME ($24.30K)$0.01074: 2.20M MEME ($23.67K)$0.01075: 3.12M MEME ($33.51K)Resistance Levels (Sell Orders):$0.01140: 102.89K MEME ($1.12K)$0.01130: 83.52K MEME ($910.32)$0.01120: 80.97K MEME ($880.13)Analysis:
Trend Overview:
MEME/USDT is down -4.03% in the last 24 hours, reflecting a moderate bearish sentiment. The price has recently stabilized around $0.01074, after hitting a 24h low of $0.01065.The volume of 957,262,776 MEME indicates high trading activity, with large amounts of MEME being traded on the platform.
Support & Resistance Levels:
Support: There is notable support at $0.01070 and $0.01074, with large buy orders at these levels.Resistance: The nearest resistance levels are at $0.01140 and $0.01130, where selling pressure could be encountered.
Volume Insights:
The 24h volume of $10,601,830.92 shows substantial interest in MEME, with a mix of buy and sell orders close to the current price level, reflecting ongoing market activity.
For Buyers:
Entry Point: Consider entering at $0.01074 or near $0.01070, as these support levels have high buying interest.Stop-Loss: Place a stop-loss just below $0.01070 to manage risk if the price breaks further down.
For Sellers:
Sell Target: A potential target for selling could be near $0.01130 or $0.01140, where resistance is stronger.Stop-Loss: A stop-loss could be placed just below $0.01065 in case of further downward movement.
MEME/USDT is facing -4.03% in price decline in the last 24 hours. The key support levels at $0.01074 and $0.01070 indicate strong buying interest, while resistance around $0.01130 and $0.01140 presents potential selling opportunities. Traders should monitor price movements closely, considering buying near support and selling near resistance.