cat in a dogs world #MEW price analysis🍿 Despite all the "trash" that has been happening on the crypto market lately and will continue at least today, someone decided to try their luck or has a clearly calculated plan!?)
1️⃣ Trading volumes of OKX:MEWUSDT are growing smoothly but steadily and now the price is at a critical point, so buying is dangerous.
2️⃣ But it is most likely worthwhile to “take a pencil” and monitor the future behavior of the $MEW price.
3️⃣ If the #MEW price manages to stay above $0.0030-0.0031 in the next few days, you can try buying with a growth prospect of x2 to 0.0056-0.0058.
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Mewanalysis
Cat in a dogs world MEW price is pleasantly surprisingIt seems that MM algorithms are still comfortable trading #memecoins and their capital is there. The price moves very clearly from level to level, for example $MEW 👇
The preliminary impulse from our purchase zone in a very short time gave a +150% price movement OKX:MEMEUSDT
Of course, now the price of this #SolanaMemeCoin is “a little bit high”, but you can try your luck and pick up a long in the range of $0.0063-0.0075.
What do you think, will it be possible to take away +100-130% of the price movement?
Yes 👍 No 👎
MEW target 0.009534h time frame
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Entry: $0.004
TP: $0.00953
SL: $0.003375
RR: 8.88
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(1) Creating an ascending channel pattern
(2) Getting support on the channel bottom again, also a great entry
(3) Target is set at the channel top based on time and space analysis
(4) Fib extension 1.13 provides the same target as (3) at $0.00953
(5) Stop loss once going below $0.003375