$MEME
Market Structure
$MEME$ is holding a bullish continuation structure after a strong impulsive breakout from the $0.00110$ base. Price expanded aggressively, then transitioned into a tight consolidation above the breakout level. The pullback was shallow and quickly absorbed, keeping higher lows intact and confirming bullish control.
Liquidity & Zones
Sell-side liquidity below $0.00120$ was swept during the impulse and not revisited, showing strong demand. Current consolidation is building acceptance above that zone. Buy-side liquidity is stacked above the recent high near $0.00143$ and extends toward the $0.00155$ area, which acts as the next upside magnet.
Support & Resistance
Key support is established between $0.00124$ and $0.00127$, aligned with the structure flip and consolidation base. As long as price holds above this zone, the bullish bias remains valid. Immediate resistance sits at $0.00143$, followed by higher resistance near $0.00155$.
Trade Plan
EP (Entry Price): $0.00125$ to $0.00130$
TP1 (Take Profit): $0.00143$
TP2 (Take Profit): $0.00155$
TP3 (Take Profit): $0.00170$
SL (Stop Loss): $0.00118$
Current trend strength is bullish, defined by a clean impulse and defended pullbacks.
Momentum remains constructive, with consolidation showing absorption rather than distribution.
Price is likely to continue higher as long as buyers defend the $0.00124$ support and target resting liquidity above recent highs.
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