$MEME short
Entry zone 0.0006212
Stop 0.0006278
Target 0.0005995
MEME added roughly 12% in 3 days, then the move ran out of steam. The pullback inside it was about 38% of the move, which left 0.0005995 as the inducement level. The fresh high at 0.0006278 got rejected and price slipped under 0.0006227 again, without going near 0.0005995. The inducement at 0.0005995 is the target and the stop is only 1.06% away at 0.0006278.
Entry zone 0.0006212
Stop 0.0006278
Target 0.0005995
MEME added roughly 12% in 3 days, then the move ran out of steam. The pullback inside it was about 38% of the move, which left 0.0005995 as the inducement level. The fresh high at 0.0006278 got rejected and price slipped under 0.0006227 again, without going near 0.0005995. The inducement at 0.0005995 is the target and the stop is only 1.06% away at 0.0006278.
