MEME 4H Grinding Under Long EMA

MEME continues to respect a broader bearish structure on the 4H chart, with prior LH and LL still defining the trend. Price is trading beneath the 99 EMA, though short-term EMAs are beginning to curl upward.

The 0.0000079 area is acting as a near-term ceiling. Momentum on MACD is improving gradually, hinting that pressure is building beneath resistance.

If MEME breaks and holds above this zone, a short-term structural shift could develop. A failure here would confirm it as another lower high within the prevailing downtrend.