Quick Update on $memes trade
Watching the market now, $memes is showing strong recovery momentum after defending the 0.0067 demand zone. Price is trading above short-term EMAs and forming higher lows, indicating buyers are stepping in after the pullback. Structure remains constructive as long as price holds above local support.
Trade plan
Entry: 0.0102 – 0.0106
Tg1: 0.0116
Tg2: 0.0130
Tg3: 0.0146
Stop: 0.0094
Bullish condition
Holding above the 0.0102–0.0100 zone and pushing through 0.0116 with volume can extend the move toward previous highs.
Alternate plan (breakout)
Entry: Above 0.0116 (strong close & acceptance)
Tg1: 0.0130
Tg2: 0.0146
Tg3: 0.0165
Stop: 0.0104
Bullish condition
A clean breakout and sustained hold above 0.0116 confirms trend continuation and opens upside expansion.
Bearish invalidation
A breakdown and sustained close below 0.0094 invalidates the setup and risks a move back toward the 0.0081–0.0070 support zone.
