$MEME is currently consolidating around 0.001193 following a rejection from the recent local high of 0.001202. The trend remains short-term bullish as price action holds above the confluence of the MA(25) and MA(99) at 0.001181, which is now acting as a critical dynamic support zone.

Trading Strategy

• Buying Zone: Look for entries on a retest of support between 0.001180 – 0.001185.

• Selling Targets:

• Target 1: 0.001202 (Recent High).

• Target 2: 0.001215 (Breakout Extension).

• Stop Loss: Place a tight stop below 0.001170 to invalidate the bullish setup if the moving average support fails.

Outlook: Neutral-Bullish. Watch for a volume spike to confirm a breakout above 0.001202.

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MEME
MEMEUSDT
0.001159
-3.01%