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MEWUSD

MEW ANALYSIS (1D)It looks like we have a big diametric on the daily time that we are now at the end of wave E. As you know, MEW is a highly volatile symbol and it can easily reverse the bullish wave it created, so control the risk. Get trigger and approval for your trades. The best range to sell is the red range. Closing a daily candle above the invalidation level will violate this analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
3
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 $0.0063-0.0075. What do you think, will it be possible to take away +100-130% of the price movement? Yes 👍 No 👎
Long
by P_S_trade
3
MEW: Solana-Based Meme Coin Soars 14% on Major Exchange ListingsIn the competitive world of meme coins, Cat in a Dog’s World ($MEW) has emerged as a key player after securing a significant listing on the South Korean crypto exchange Upbit. Following in the footsteps of Dogecoin (DOGE) and Shiba Inu (SHIB), MEW's inclusion in the KRW market has catapulted its price by 14%, positioning the coin for continued upward momentum. Upbit’s announcement of the MEW/KRW trading pair comes as a major development, giving the Solana-based token exposure to a broader market. With Upbit being a major player in the Asian crypto space, the listing brings MEW closer to mainstream adoption, sparking bullish sentiment in the market. MEW's Growing Influence The recent listing on Upbit is a significant milestone for $MEW, marking it as the third meme coin to achieve this feat after Dogecoin and Shiba Inu. The decision to peg MEW to the Korean Won (KRW) is crucial as it opens the token to a massive audience of South Korean traders and investors. This development follows the earlier listing of MEW in BTC and USDT markets, further extending its market reach. In addition to Upbit, Kraken also listed $MEW on October 8th, 2024, sparking further price rallies and pushing the token to its recent ATH. These exchange listings are a testament to the growing interest in the Solana-based meme coin, positioning it as a token to watch in the coming months. With $MEW gaining significant trading volume (up 370%) and a remarkable 14% price jump following the Upbit listing, it’s clear that the token is benefiting from increased market visibility and investor confidence. MEW’s total futures open interest (OI) is also up 16%, adding to the optimism surrounding its bullish trajectory. Technical Outlook: MEW Primed for Further Gains From a technical perspective, $MEW shows signs of continued bullish momentum. As of the time of writing, $MEW is up 4.51%, trading at $0.009561 after breaking through a former resistance point. This price action comes on the heels of the Upbit listing, positioning $MEW to revisit previous highs and potentially reach new all-time highs (ATH). The Relative Strength Index (RSI) sits at 62.67, indicating bullish conditions without being overbought. This positioning primes MEW for an upward move towards its pivot point of $0.01, a psychological level that could open the floodgates to further price rallies. Should MEW surpass this point, it could enter a new bullish cycle with increased price discovery. In the event of a retracement, MEW has solid support at $0.008, a former resistance level that could provide a strong foundation for future growth. This combination of bullish indicators and fundamental catalysts makes MEW a token with high potential in the meme coin space. Conclusion: MEW’s Road to the Top MEW's recent listings on Upbit and Kraken have sparked a new wave of optimism, pushing the Solana-based meme coin into the spotlight. With technical indicators supporting a bullish case and increased trading volume confirming investor interest, $MEW is positioned for continued gains. As it approaches its pivotal $0.01 level, all eyes are on $MEW as it looks to break into new highs.
Long
by DEXWireNews
2
MEWUSDT Long Setup / Are you a cat person or a dog personOKX:MEWUSDT BYBIT:MEWUSDT BINANCE:MEWUSDT.P 📈Which side you pick? Bull or Bear SL1 ---> Low-risk status: 3x-4x Leverage SL2 ---> Mid-risk status: 5x-8x Leverage (If there is just one SL on the chart, I suggest, low risk status) 👾Note: The setup is active but expect the uncertain phase as well. ➡️Entry Area: Yellow zone ⚡️TP: 0.006912 0.007202 0.007492 0.007925 🔴SL: 0.005929 🧐The Alternate scenario: If the price stabilize against the direction of the position, below or above the trigger zone, the setup will be canceled.
Long
by CrazyS
1
MEW buy/long setup (4H)From where we put the green arrow on the chart, it looks like we have an ABC on the chart, which wave B was a triangle and now it is over. We seem to be in wave C now. On the chart, we have a demand range on which we are looking for buy/long positions. The targets are marked on the chart Closing a daily candle below the invalidation level will violate this analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
4
$MEW: The Bullish Breakout We’ve Been Waiting For!Massive Signal for $MEW! 📈 If you don’t see it, I don’t know what to tell you. I’ve analyzed multiple timeframes, and the bi-weekly one shows the strongest potential. We’re seeing strong movement off the current POC with a nice bullish expansion bar right at the end. The last thing we need is a close above $0.00666, which should trigger even more upside. If October turns out to be a bullish month like it usually does, this one will have no problem firing a stronger candle for next month. Targets are $0.015 and $0.045. Let’s get it! 🚀
Long
by ZelfTrade
7
MYRO Update (4H)From where we placed the green arrow on the chart, it looks like a new pattern has formed and we are now in wave C of this pattern. We have a supply range which is a good resistance range. In this range, the price can be rejected downwards. Closing a daily candle above the invalidation level will violate the analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
MEW: Buy or Wait?The trading volume is 51.691M MEW, indicating significant market activity. The SMA is at $0.007526, indicating that the current price is slightly above the moving average, which can be a bullish sign. The histogram value is 0.000062, MACD line is 0.000107, and the signal line is 0.000046, indicating a bullish trend. %K at 79.62 and %D at 79.77, indicating the asset is near overbought conditions. The RSI stands at 64.19, suggesting that MEW is approaching overbought conditions but still has room for growth. Market Sentiment The market sentiment for MEW appears cautiously optimistic. While the RSI and Stochastic Oscillator indicate nearing overbought conditions, the MACD suggests bullish momentum. Potential Market Scenarios Bullish Scenario: A decisive break above the local resistance at $0.008816 could lead to further upward movement, targeting higher resistance levels. Bearish Scenario: If MEW fails to break above the local resistance, it could retest the support levels at $0.007538 and $0.007051. A break below $0.007051 could signal further declines. When to Buy MEW for Investment Current Situation: Given MEW's current price at $0.007959 and the technical indicators suggesting potential overbought conditions, a cautious approach is warranted. Optimal Buying Strategy: Wait for a Pullback: Considering the Stochastic Oscillator and RSI indicating near overbought conditions, waiting for a pullback towards the local support level at $0.007538 could offer a better entry point. Solid Support Level : If the price drops further, the solid support at $0.007051 is a strong level to consider for investment. Historically, MEW has found significant buying interest at this level, making it a safer entry point. Gradual Accumulation: Alternatively, adopting a dollar-cost averaging (DCA) strategy by buying small amounts at regular intervals can mitigate the risk of market timing and take advantage of potential dips. Conclusion and Market Outlook MEW is currently positioned with significant support and resistance levels to watch. While technical indicators suggest potential overbought conditions in the short term, the bullish MACD and overall market activity suggest room for growth. Impact of Bitcoin: It's essential to note that Bitcoin (BTC) is currently at a crucial level. If BTC fails to surpass its all-time high and experiences a significant drop, it could negatively impact the broader cryptocurrency market, including MEW. Monitoring BTC's price action is vital for understanding potential risks to MEW's price movements.
by MonoCoinSignal