$MEME crowd is celebrating, but the charts are whispering a different story for MEME.
$MEME /USDT - SHORT
Trade Plan:
Entry: 0.000704 – 0.000709
SL: 0.000722
TP1: 0.000692
TP2: 0.000687
TP3: 0.000677
Why this setup?
Data points to a high-probability short setup.
- Daily trend is firmly bearish.
- Price is rejecting the 4H entry zone around 0.000707.
- RSI on lower timeframe shows weakness, not oversold.
The momentum favors the downside. Why short now? The structure suggests another leg down is starting.
Debate:
Is this the final shakeout before MEME finds a bottom, or are we just beginning the descent?
MEMEUSDT
Perp
0.000688
+1.77%