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【$MEME Signal】1H consolidation to accumulate for long entry
$MEME After 1H Bollinger Bands contract and expand upward, the price hovers near the middle band. The 4H MACD bullish bars shorten but RSI 70.52 has not reached the overbought divergence zone. Sell-side depth is clearly higher than buy-side (ratio 0.65), and the price can hold above 0.000598, with dense orders below providing strong support.
🎯Direction: Long
⚡Entry/Order: 0.000598201 - 0.000599100
🛑Stop Loss: 0.000593109
🚀Target 1: 0.000608087
🚀Target 2: 0.000612580
🛡️Trade Management: After reaching Target 1, reduce position by 50%, move stop loss to breakeven. If price retraces to the entry level, exit to protect principal.
Risk-reward ratio of 1.5x, stop loss only 0.6% away, suitable for short-term quick trading. Funding rate is normal, open interest shows no anomalies, indicating a technical rebound continuation.
View real-time market 👇 $MEME
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