$MEW

Market Event: Price sold into lower liquidity and failed to sustain the breakdown, suggesting early downside rejection near support.

Momentum Implication: This can produce a reaction bounce first, though trend confirmation still needs a reclaim.

Levels: • Entry Price (EP): 0.00057000 - 0.00057450

• Trade Target 1 (TG1): 0.00058250

• Trade Target 2 (TG2): 0.00059250

• Trade Target 3 (TG3): 0.00060500

• Stop Loss (SL): 0.00056580

Trade Decision: Bias is cautiously long only if price continues to reject lower prints and reclaim short-term structure.

Close: If 0.00056900 remains defended, the reaction can extend into the next overhead supply.

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MEW

Alpha

0.00061938

+0.60%