It's one of my favourite coin 📌 which i invested only gamble liquid 💰 just 5% of my portfolio 💰
Buy :-: $0.045 below always #buy
🎯 :-> $0.098 is key 🗝️ resistance 📌
Main target => $0.26 🎯 get ur liquid 💰 + 1x profit ( principal trade with +100% )
Expecting top 🔝 $0.8 / $1.55 ( assumption )
Invalid 📌 below red line 📌 backup plan comes 🫴 into play ▶️
Just...
4h time frame
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Last analysis of MEME pointed out there was a potential cup and handle structure, but fail now. MEME kept going down and retested the neckline zone. So far, MEME is maintaining in a reasonable support zone around 0.033~0.036. Also, MEME just dump and try to make a wick low now, so we can set up a trading plan with great risk to reward ratio...
4h time frame
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MEME is creating a potential Cup and Handle structure since reaching 0.057. Target of this CH is 0.067. Furthermore, according to Fibonacci Projection, there is a projected target from 0.382 to 1.382, which pump momentum will push MEME to 0.067. Structure and Fibonacci both point that 0.067 is the critical resistance, that is 'target...
4h time frame
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MEME is breaking the horizontal resistance with a bottom structure and correcting so far, the support at 0.029 is critical for MEME to create a triangle that is also a potential continuation structure. The critical support is made from structure and 0.5 Fibonacci Projection, that provide an opportunity to set a long trading plan.
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TP: 0.047
SL: 0.027
1h time frame
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MEME is creating a small bottom structure since down to 0.016. Structure hasn't been formed, so we use Fibonacci tools to judge support and resistance. Obvious resistance at Fib 1.272 and 1.618, both are matched to structural resistance, that enhance the possibility of rejection while MEME reach them.
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TP: 0.0315 / 0.0349
SL: 0.023182
With strong community coming from the legacy days of 9GAG, as well as web3 folks from ARC, BAYC, Moonbirds, Kaiju and etc, I am personally bias on MEME on the long term.
There will be pumps, and dips (due to weak hands). But the holders shall prevail.
MEME to >$1USDT
