$MEW USDT STRONG MOMENTUM SPIKE – EARLY REVERSAL SIGNAL?
$MEW is trading at 0.0006187 after a sharp +7.4% impulse. Price has bounced aggressively from lower levels and is now approaching the 0.0007000 resistance zone — first key barrier for continuation.
Market Insight:
Holding above 0.0006000 keeps short-term bullish momentum intact. A breakout above 0.0007000 can open room toward 0.0008000. Rejection here may cause a pullback toward 0.0005500–0.0005800.
Entry:
Pullback: 0.0005800 – 0.0006200
Breakout: Above 0.0007000
Targets:
TP1: 0.0007000
TP2: 0.0008000
TP3: 0.0009000
Stop Loss:
Below 0.0005500 (structure invalidation)
Key Levels:
Support: 0.0006000 – 0.0005500
Resistance: 0.0007000 – 0.0008000
Pivot: 0.0006200
Pro Tip:
Low-cap coins can move fast in both directions. Secure partial profits on strong spikes and avoid overleveraging during volatility expansion.