$MELANIA 🔥 MELANIA/USDT – Critical Market Update!

📉 Current Price: $1.81 (-12.52%)

📊 24h Range: High $2.144 | Low $1.80

🚨 Market Sentiment: Bearish with potential reversal signals

🔍 Technical Analysis:

Parabolic SAR (yellow dots) still above price, indicating a downtrend, but dots are flattening, suggesting a possible reversal.

MACD Indicator: Slight bullish divergence with MACD line trying to cross above the signal line – watch closely for confirmation!

Moving Averages: The short-term MA (5) is below the longer-term MA (10), signaling continued bearish pressure, but nearing a potential crossover.

Support Level: $1.80 – If this holds, a bounce is possible.

Resistance Level: $1.833 – $1.85 – Needs to break for confirmation of an uptrend.

📌 Buying Signal?

✅ If price holds above $1.80 and breaks $1.85 with strong volume, it could be a reversal.

✅ MACD crossover and SAR shift could confirm an uptrend soon.

📌 Selling Signal?

⚠️ If price breaks below $1.80, expect further downside – a strong sell signal.

⚠️ If resistance at $1.85 fails, price may continue its downtrend.

💡 Final Thought: The market is at a critical point! A break above $1.85 could trigger a bullish move, while a drop below $1.80 may lead to more selling pressure. Watch for confirmation before making a move! 👀

📢 What’s Your Strategy? Are you buying the dip or waiting for confirmation? Let’s discuss! ⬇️

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