Memeusdt has experienced a breakdown of the rising wedge, with the price potentially forming a bearish SHS pattern.
The recommended approach is to consider short positions below the neckline and target the strong accumulation area, represented by the external demand zone.
It is important to closely monitor the price movement towards the weak support level, as a significant bounce from this point may reignite bullish sentiment for the coin. The chart provides a clear illustration of these dynamics.
Your comments and likes on our analysis are greatly appreciated.
Thank you.
The recommended approach is to consider short positions below the neckline and target the strong accumulation area, represented by the external demand zone.
It is important to closely monitor the price movement towards the weak support level, as a significant bounce from this point may reignite bullish sentiment for the coin. The chart provides a clear illustration of these dynamics.
Your comments and likes on our analysis are greatly appreciated.
Thank you.
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📢Follow the official links only! Trade smart, stay safe! 🎯
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.