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Mewusdtperp

MEWUSDT Breakout! Rounded Bottom Reversal and Key Retest Zone!MEWUSDT has officially broken out of a long-term descending trendline that has capped price action since December 2024. The formation of a Rounded Bottom (Cup) suggests a strong accumulation phase and potential for trend reversal. The current retest of the breakout zone will be crucial in determining the next big move! --- 🔍 Technical Analysis Details: 1. Chart Pattern: A clear Rounded Bottom (Cup) pattern has formed, often signaling a bullish reversal. Price has broken through the descending trendline, and is now retesting the breakout zone (highlighted in yellow), which previously acted as resistance and is now turning into key support. 2. Resistance Levels (Upside Targets): ⚡ 0.004105 – First breakout point 🟡 0.006491 – Mid-level resistance 🟡 0.007725 – Previous local high 🟡 0.009970 – Strong resistance zone 🔵 0.012214 – Psychological resistance 🔵 0.012936 – Major swing high 3. Key Support Levels: 🟡 0.003200 – Current demand zone (yellow box) 🔵 0.001614 – Historical bottom --- ✅ Bullish Scenario: If MEWUSDT holds above the 0.0032–0.0041 support zone and confirms it as a new base: 🎯 Target 1: 0.00649 🎯 Target 2: 0.0077 🎯 Higher targets: 0.0099 up to 0.0129 This breakout may be the start of a strong bullish rally, especially if accompanied by increasing volume. --- ⚠️ Bearish Scenario: If price fails to hold the breakout zone and falls back below the trendline: Price may revisit 0.0026 – 0.0020 support Further weakness could push it back to the 0.001614 historical low --- 🧠 Conclusion: MEWUSDT is showing early signs of a bullish reversal after breaking out of a long-term descending trendline and forming a rounded bottom pattern. The current retest zone is critical — holding this level could confirm the start of a bullish trend with multiple upside targets. #MEWUSDT #CryptoBreakout #TechnicalAnalysis #Altcoins #MemeCoin #CryptoTrading #BullishSetup #RoundedBottom #TrendReversal #SupportAndResistance
Long
by CryptoNuclear
MEW/USDT Ready to Explode? Major Breakout from Symmetrical!After weeks of tight consolidation, MEW/USDT is showing signs of a major breakout from a well-formed Symmetrical Triangle pattern on the 2D time frame. This could mark the beginning of a powerful expansion phase if confirmed by volume and price action. 🔍 Pattern Analysis & Technical Structure Main pattern: Symmetrical Triangle – a classic formation characterized by lower highs and higher lows, indicating a battle between buyers and sellers before a major move. MEW has now broken through the triangle’s descending resistance line, signaling that buyers may be taking control. The breakout occurred near the apex of the triangle, which often leads to explosive moves. 🟢 Bullish Scenario: Multi-Stage Upside Potential If the breakout holds and gains confirmation (via volume or a successful retest), the next potential price targets are: 1. Initial Target: 0.0049 – nearest horizontal resistance and previous reaction level. 2. Mid Target: 0.0070 – measured move based on the height of the triangle from base to breakout. 3. Major Target Zone: 0.0090 – 0.0130 – previous distribution zone and high-confluence resistance. 📈 Upside potential exceeds +300% from current price if all bullish targets are hit! 🧠 Note: Symmetrical triangle breakouts are known to result in strong momentum-driven rallies, especially if supported by a rise in volume and broader market sentiment. 🔴 Bearish Scenario: Watch for Fakeout Risk Despite the breakout, there’s always a risk of a false move: If MEW fails to hold above the 0.0032 breakout zone and falls back inside the triangle, it may signal a bull trap. A breakdown below the ascending support line could open the door for deeper downside: Support Level 1: 0.0025 – recent accumulation base. Support Level 2: 0.0016 – major low and strong demand zone. Losing these levels would invalidate the current bullish setup. ⚙️ Key Confirmation Signals: Volume: A breakout with strong volume = high conviction. Low volume = higher fakeout risk. Successful Retest: A bounce from the breakout zone confirms strength and may provide a solid long entry. Macro Sentiment: Watch Bitcoin dominance and market mood to confirm sustainability. 📊 Quick Technical Summary: Pattern: Symmetrical Triangle Breakout Level: 0.0032 Short-Term Trend: Bullish Mid-Term Outlook: Neutral → Turning Bullish (if confirmed) Key Resistance Levels: 0.0049 – 0.0070 – 0.0090 – 0.0129 Key Support Levels: 0.0025 – 0.0016 💬 Final Thoughts: MEW/USDT is at a make-or-break moment. A validated breakout from this triangle could kick off a massive uptrend. But as always, stay alert to false breakouts — proper risk management is essential. 📌 Don’t just chase the breakout — watch the retest, volume, and broader context. #MEWUSDT #MEWBreakout #SymmetricalTriangle #CryptoBreakout #AltcoinSetup #TechnicalAnalysis #TradingView #CryptoChart #BullishPattern #BreakoutAlert
Long
by CryptoNuclear
1
After Bouncing From Support Point $MEW is Gearing for A Breakoutcat in a dogs world token ($MEW) launched Mar 2024 brought all the attention to the cat coin sector and was the driving force that kickstarted what crypto-natives call “cat season” as it crossed $900M+ market cap within days of its debut. Built on the Solana ecosystem, $MEW has bounced from the psychological support point cooling it off, now gearing up for a bullish reversal move with a breakout above the 78.6% Fibonacci retracement point serving as temporary hurdle needed to jump by to achieve this stint. With the Relative Strength Index (RSI) at 66, this gives more credence to our bullish thesis on $MEW coin. Further solidifying our stance on $MEW bullish breakout is the falling wedge pattern that has occurred starting December last that has since seen the token loose about 83% of market value. cat in a dogs world Price Live Data The live cat in a dogs world price today is $0.002665 USD with a 24-hour trading volume of $298,503,903 USD. Cat in a dogs world is down 2.18% in the last 24 hours, with a live market cap of $236,919,397 USD. It has a circulating supply of 88,888,888,888 MEW coins and a max. supply of 88,888,888,888 MEW coins.
Long
by DEXWireNews