MEME/USDT in a Make or Break Position | Positive Signs 👀🚀
💎Paradisers, #MEME is gearing up to tackle the descending resistance and we expect a major bullish towards the resistance level above.
💎Once it breaches this resistance level, we'll look for a retest to confirm the breakout, which is essential for validating the bullish momentum. If #Memecoin stabilizes at $0.0222 and continues its upward trajectory, we'll target the next resistance point outlined in our projections.
💎However, if #MEMEUSDT cannot sustain this support and falls back into the channel, it may signal a weakening bullish trend. In that case, the price might descend to the next critical support at $0.0202.
💎Historically,
MEME has managed robust recoveries from similar levels. If this pattern continues, we can anticipate a strong bounce. Yet, a definitive close below this support would shift our perspective and suggest a shift toward a bearish trend.
MyCryptoParadise
iFeel the success
💎Once it breaches this resistance level, we'll look for a retest to confirm the breakout, which is essential for validating the bullish momentum. If #Memecoin stabilizes at $0.0222 and continues its upward trajectory, we'll target the next resistance point outlined in our projections.
💎However, if #MEMEUSDT cannot sustain this support and falls back into the channel, it may signal a weakening bullish trend. In that case, the price might descend to the next critical support at $0.0202.
💎Historically,
MEME has managed robust recoveries from similar levels. If this pattern continues, we can anticipate a strong bounce. Yet, a definitive close below this support would shift our perspective and suggest a shift toward a bearish trend.MyCryptoParadise
iFeel the success
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.