$MEMEFI is around 0.020788 after a sharp 15.57% decline. Sellers currently have the stronger short-term momentum, so I’m watching whether price can stabilize instead of entering during weakness.
A reclaim above 0.02120 could improve the recovery setup. If 0.02000 fails, the bullish idea becomes weaker.
Trade Setup:
Entry Zone: 0.02020–0.02080
Take Profit 1: 0.02150
Take Profit 2: 0.02230
Stop Loss: 0.01940
I’d wait for confirmation before committing to the setup.
A reclaim above 0.02120 could improve the recovery setup. If 0.02000 fails, the bullish idea becomes weaker.
Trade Setup:
Entry Zone: 0.02020–0.02080
Take Profit 1: 0.02150
Take Profit 2: 0.02230
Stop Loss: 0.01940
I’d wait for confirmation before committing to the setup.