🚀 $MELANIA | 1H Chart Breakdown
MELANIA is showing a classic impulse → consolidation structure 👇
📈 Price Action
Strong rally from ~0.150 → 0.198
Currently consolidating around 0.184
Price is digesting gains, not breaking down
📊 Trend & Moving Averages
Price holding above MA(7), MA(25), MA(99)
MA(25) rising underneath → trend support intact
Market shifted from accumulation into bullish continuation phase
🔊 Volume
Heavy volume on the impulse move
Volume cooling during consolidation = healthy reset
🎯 Key Levels
Resistance: 0.190 → 0.198
Support: 0.178 / 0.168
Structure invalidation below 0.160
🧠 Bias As long as MELANIA holds above 0.178, the bias remains bullish.
Continuation is favored after this base-building phase.
⚠️ Volatility remains high — manage risk and avoid chasing.
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