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MEW / TetherUS PERPETUAL CONTRACT

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MEWUSDT.P trade ideas

#MEW Buy RangeKey Observations: Candlestick Movement: Red candles represent a decrease in price (bearish weeks), while green candles indicate price increases (bullish weeks). The chart shows a significant wick from the previous peak in July, indicating strong volatility. Support Levels: Three horizontal green lines mark critical price levels for potential buy entries: 0.005379: The lowest level, indicating a stronger support zone, possibly the best buy opportunity. 0.005557: A moderate support level for possible buy entries. 0.005787: A higher-level support that has recently been tested by the red candlestick. Trendline: A blue diagonal trendline supports the overall upward momentum, connecting higher lows, suggesting continued bullishness if respected. Conclusion: The green lines serve as key buying zones, with 0.005379 being the optimal level based on historical price action. The price is currently testing higher levels near 0.005787, but the lower green lines offer safer entry points for buyers. The upward trendline suggests potential for further price growth, with proper risk management around the support zones.
Long
by YoungMillionair
The Meme Gold Rush: $MEW is Your Next Play!As things are picking up, we should focus on maximizing returns on the narratives. So far, $POPCAT and NYSE:CAT are looking strong. I believe some tokens will continue to rise over time, especially with the strength coming off #memes. I expect $MEW to be the next one to watch. Personally, I prefer to stick with the clear frontrunners rather than chase after the next big mover, so I'm planning to invest half of what I put into NYSE:CAT and $POPCAT for this one. The structure is solid, and when we compare it with other L1s and L2s, the potential for gains outweighs the risks. Let’s wait for a slight retrace to make our move.
Long
by ZelfTrade
2
MEW — Testing Key Resistance Within a WedgeMEW has been trading within a descending wedge pattern, which typically signals a potential reversal once broken. Currently, MEW is approaching a critical resistance level at $0.0048, which has repeatedly acted as a rejection point. 1️⃣ Key Technical Points • Wedge Formation: MEW consolidates within a descending wedge, gradually tightening its range. • $0.0048 Resistance: The $0.0048 level remains a crucial barrier. MEW has tested this level multiple times without breaking through. • If MEW can decisively clear this resistance, the next move could target the upper trendline of the wedge, around the $0.0055–$0.0060 range. 2️⃣ Potential Breakout If MEW breaks above the upper trendline, a more significant rally could ensue. The next target is likely to be around $0.007 and potentially higher. 3️⃣ Risk of Rejection If MEW fails to break the $0.0048 resistance, we could see another pullback toward the wedge's lower range or continued consolidation within this tight structure. 4️⃣ Summarized MEW is currently trading at a critical juncture. The $0.0048 resistance is the fundamental level to watch in the short term. If it breaks, MEW could rally toward the upper trendline and beyond, potentially targeting $0.007. However, caution is advised if it fails to clear this level, as another rejection could lead to further consolidation or a retest of lower levels within the wedge.
Long
by ben_walther
MEW scalp - August scalping journey trade Nr. 4No loss so far in this month, lets try to continue with this streak. ⚡ Late night session for me today and I am possibly holding this one over the night if it gets filled. I am trying this bid on MEW as I told you just slightly different. I am going to bid the 4H Supply Breaker with a smaller stop loss. I may be updating it later in the night so if you don't like to hold it over the night, don't do it. Risky setup because it's going to run during the night so manage accordingly. 4-Hour Supply Breaker: The 4-hour supply breaker is identified on the chart. This zone indicates a previous area where selling pressure was significant, but now it could act as a strong support area, hence termed a "breaker." Break of Structure (BOS): Multiple Breaks of Structure (BOS) are marked on the chart, showing key levels where the market has shifted from a downtrend to an uptrend, confirming the change in market sentiment. 4-Hour Fair Value Gap (FVG): The 4-hour Fair Value Gap is another critical zone. This gap often attracts the price to fill it, providing a potential area for entry. 12-Hour Fair Value Gap (FVG): Additionally, there is a 12-hour FVG, which can serve as a further confirmation of the support level and the potential for price to rebound from this zone. Holding the position overnight adds to the risk since the market can experience volatility during non-active hours. It is crucial to be comfortable with this aspect of the trade.
Long
by stromm
2
MEW/USDT NEW INCREASE VOLUMEMEW/USDT shows the low time frame possibility for new volume which can affect the price for an uptrend. ( depend all on high chance) There are no guarantees in the markets. The new increase volume updates always start with interest if there is a confirmation to follow and if there is a building with a hold for a time. 90% of coins this time are not building coins. Some % also show a start fake trend and return to where it started. time frame confirmation + high levels building is important for a healthy coin.
Long
by SatochiTrader
MYRO Update (4H)From where we placed the green arrow on the chart, it looks like a new pattern has formed and we are now in wave C of this pattern. We have a supply range which is a good resistance range. In this range, the price can be rejected downwards. Closing a daily candle above the invalidation level will violate the analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
Looks Like MEW will Dump for Here?I have been watching BINANCE:MEWUSDT.P since the weekend, and it seems it is about to dump and print some stablecoins for us. There is a formation of exhaustion candles on the 4H time frame MEW hit a new ATH in the last 72 hours, and we anticipate a strong pullback. We can take advantage of the pullback by risking 2% of the account balance. Use stop loss especially if your margin is not big enough. Trade management is as important as risk management. What are your thoughts about this analysis? Share them with me in the comment box. If this analysis makes sense to you, support my idea and follow me now for more.
Short
by CryptoNiche
15