đ§ Risks and Potential Strategies
1. Volatility Risks
â MEME/USD has shown up to 7.5% volatility over the past 24 hours â this indicates high risk.
2. Short-Term Trend
â On 1-minute and 1-hour charts, âBuyâ signals suggest targeted short-term entry opportunities â suitable for scalp or quick trades.
3. Medium- and Long-Term Outlook
â Weekly and monthly indicators emphasize a âSellâ trend. This signals market uncertainty, so caution and continuous monitoring are advised.
4. General Memecoin Market Trends
â As coins like DOGE, SHIB, and PEPE gain momentum, MEME could also experience short-term spikes. However, memecoins are speculative and carry high âpump-and-dumpâ risks.
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đĄ Recommended Actions
For short-term entries/exits, monitor 1â2 hour âBuyâ signals and fast oscillator changes.
Avoid medium to long-term investments for now â as weekly/monthly indicators still favor selling.
Use stop-loss orders to protect against extreme price swings.
Continuously track the market using:
TradingView indicators
Bitget and Investing.com technical tools
Crypto news sources like Coindesk, Crypto.News, etc.
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đ Conclusion
Short-term: Currently, Buy signals exist â but only suited for quick and high-risk trades.
Medium/long-term: Indicators lean toward âSellâ â stay cautious and use a stop-loss strategy.