🐱 $MEW just bounced off support like it’s got 9 liquidation levels😁🤑
Let’s break down the perp trade setup $MEW
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🔍 Current market snapshot
· Last price: 0.0006537
· 24h high / low: 0.0006555 / 0.0006098
· Volume (24h): 2.48B MEW | 1.56M USDT
· MACD: DIF 0.0000103 > DEA 0.0000049 → bullish cross
· Supertrend (10,3): 0.0005375 (still bullish above it)
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📈 Trade signals
✅ Bullish divergence on lower timeframe (price held above 0.0006210 support)
✅ MACD histogram climbing positive
✅ Volume rising on the bounce
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🟢 Long setup (aggressive)
· Entry zone: 0.0006500 – 0.0006560 (current range)
· Stop loss: 0.0006200 (below the nearest strong support)
· Take profit targets:
· TP1: 0.0006700 (first resistance)
· TP2: 0.0006850
· TP3: 0.0007000 (psychological round number)
Risk / Reward: ~1:2 to 1:3
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🟡 Conservative entry (wait for retest)
· Entry: 0.0006350 – 0.0006420 (retest of broken
resistance‑turned‑support)
· Stop loss: same 0.0006200
· TPs: same as above
