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MEWUSDT

Falling Wedge Breakout: Is MEW/USDT Ready to Surge?The chart analysis for MEW/USDT on the daily timeframe (1D) reveals a compelling narrative for potential bullish movement, underpinned by a falling wedge pattern breakout and subsequent confirmation of support levels. Each candle on the chart represents a day's worth of price action, capturing a longer-term trend that appears poised for upward momentum. Technical Analysis of MEW/USDT Before the formation of the current triangle pattern, MEW was in a clear uptrend, indicating a bullish market bias. This was followed by a consolidation phase, culminating in the development of a falling wedge pattern—a classic bullish indicator. The breakout from this pattern, marked explicitly on the chart as a "Downtrend break and re-testing" point, is a strong signal of a potential price rally. The price has successfully retested the broken resistance line, which now serves as a new support, bolstering the bullish case. A rectangle box on the chart highlights the anticipated target zone, emphasizing a defined price objective for traders watching this breakout. Below this, a purple-shaded area marks a historical support/resistance zone, a key level that has been tested multiple times, further reinforcing its significance in determining price action. The combination of these technical signals—breakout, retest, and historical support zones—paints a bullish outlook for MEW/USDT. The broader uptrend that preceded the consolidation phase strengthens the likelihood of this pattern playing out to its projected target. Understanding MEW Meme Coin MEW, or "Cat in a Dogs World," is a Solana-based meme coin gaining attention in the cryptocurrency space. Its playful branding and community-driven nature align with the characteristics of other meme coins. However, as with many assets in this category, its value is largely speculative and driven by factors like social media trends, community engagement, and overall market sentiment. As a meme coin, MEW presents high volatility, with the potential for sharp price swings in either direction. Built on Solana’s blockchain, it benefits from the platform's speed and scalability, making it more robust compared to meme coins on slower networks. However, as an emerging asset, MEW’s long-term value and viability remain uncertain, and investors should approach it with caution. Conclusion The technical setup for MEW/USDT suggests a bullish continuation, supported by the falling wedge breakout, retest, and historical support zones. However, as a meme coin, MEW's performance is highly influenced by market sentiment and speculative interest. While the chart presents a compelling case for upside movement, investors must weigh the high volatility and speculative nature of meme coins against their risk tolerance. As with all investments, combining technical analysis with fundamental research is crucial when evaluating opportunities in the cryptocurrency market. Disclaimer: This is not a financial advise. This analysis is purely for informational purposes and should not be considered as investment advice. Trading involves risk, and you should consult with a financial professional before making any decisions.
Long
by SigmaSignals
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
LONG signal MEWUSDT Max Profit 15m TF. $BINANCE:MEWUSDT is forming an ascending triangle on a small timeframe, signaling the potential for an upward breakout. The current price is 0.009481 USDT, and the price is approaching the resistance level at 0.009505 USDT. Volumes are starting to increase near the resistance, confirming buyer activity. Indicators show growing bullish momentum, with support at 0.009200 USDT protecting the current structure. 🔑 Technical Context The ascending triangle formation suggests a breakout above 0.009505 USDT. Rising volumes near the resistance confirm buyer interest. The nearest support level at 0.009200 USDT mitigates the risk of corrections. 🚩 Trading Strategy Entry Point: Consider opening a long position on a confirmed breakout above 0.009505 USDT. Stop-Loss: Place a stop-loss below 0.009200 USDT to limit potential losses. Take-Profit Targets: 0.009700 USDT – the first target for partial profit-taking. 0.009850 USDT – the main target within the ascending trend. 0.010000 USDT – the maximum target based on the breakout projection. 📈 Recommendations Volume Analysis: Monitor for continued volume growth during the breakout. Entry Timing: Wait for a confident close above 0.009505 USDT. Trend Confirmation: Use 5m and 15m timeframes to confirm the continuation of the bullish move. Conclusion $BINANCE:MEWUSDT shows strong potential for an upward breakout. Careful monitoring of volumes and resistance levels provides an opportunity to capitalize on the current market setup.
Long
by Max_Pr0fit
Mew/UsdtBYBIT:MEWUSDT ### **Current Price & Market Cap** - **Current Price**: $0.009406 - **Market Cap**: $836.30 million At its current market cap of **$836.30M**, **MEW** is very close to touching a $1 billion market cap, which is a significant psychological milestone in the crypto world. 🚀 Achieving this could potentially trigger more attention from investors and push the price higher. This suggests that the structure of **MEW** is looking quite strong, and if the price holds at current levels, it could be a good sign for future growth. 📈 --- ### **Resistance Level: $0.012916** - **Resistance** is the price level at which selling pressure is likely to increase, making it harder for the price to break through. - If **MEW** can hold or break above **$0.012916**, it suggests bullish momentum. This level represents a point where price action has previously struggled to move beyond, so a successful breakout could mean further upside potential. - If **MEW** manages to break this resistance level, the next targets could be higher, perhaps even driving the price towards new highs, especially if the market cap approaches $1B. 💥 --- ### **Support Levels: $0.007979 / $0.00600** - **Support** refers to a price level where demand is expected to be strong enough to prevent the price from falling further. If the price drops to one of these levels, buying pressure could step in, creating a potential bounce. - **Support Levels**: - **$0.007979** is a key level of support. If the price dips below current levels but finds buyers here, it could stabilize and start moving up again. - **$0.00600** is another crucial support range. If the price doesn't hold at **$0.007979**, this next level provides additional support before potentially falling further. These support levels represent areas where the price could "bounce" if there’s enough demand to prevent further declines. If **MEW** holds around or above these levels, it could indicate a stronger foundation for future gains. --- ### **Conclusion:** - **Bullish Scenario**: If the price holds above **$0.009406** and breaks through the **$0.012916 resistance**, we could see **MEW** targeting new highs, possibly pushing closer to a ** SEED_TVCODER77_ETHBTCDATA:1B market cap**. This could trigger increased investor interest and lead to more upside momentum. - **Bearish Scenario**: If the price fails to hold at **$0.009406**, look out for possible support around **$0.007979** or **$0.00600**. A breakdown below these levels could lead to further downward pressure and may require a new support level to be formed. --- As always, it's essential to keep an eye on price action and volume at these levels. Volatility is common in crypto, so it’s important to stay informed and make decisions based on your own risk tolerance. **Disclaimer**: This is not financial advice. Always do your own research (DYOR) before making investment decisions. 📚🔍
by Wolftrader1337
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
The Meme Gold Rush: $MEW is Your Next Play!As things are picking up, we should focus on maximizing returns on the narratives. So far, $POPCAT and NYSE:CAT are looking strong. I believe some tokens will continue to rise over time, especially with the strength coming off #memes. I expect $MEW to be the next one to watch. Personally, I prefer to stick with the clear frontrunners rather than chase after the next big mover, so I'm planning to invest half of what I put into NYSE:CAT and $POPCAT for this one. The structure is solid, and when we compare it with other L1s and L2s, the potential for gains outweighs the risks. Let’s wait for a slight retrace to make our move.
Long
by ZelfTrade
2
MEW/USDT NEW INCREASE VOLUMEMEW/USDT shows the low time frame possibility for new volume which can affect the price for an uptrend. ( depend all on high chance) There are no guarantees in the markets. The new increase volume updates always start with interest if there is a confirmation to follow and if there is a building with a hold for a time. 90% of coins this time are not building coins. Some % also show a start fake trend and return to where it started. time frame confirmation + high levels building is important for a healthy coin.
Long
by SatochiTrader
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