🔥 MEW/USDT
Structure: after a powerful impulse from 0,0004569 to 0,0005792, the price moved into a correction. Now MEW is pulling back to the EMA50 (0,0005082) and forming a pin bar here — the first reaction from buyers to this dynamic support.
📊 Indicators:
EMA99: 0,0005005 — additional support.
RSI6: 31 — close to oversold.
RSI14: 47 — neutral zone.
StochRSI: practically 0 — strong local oversold conditions.
MACD: the histogram is negative, but the main downward move has already slowed down significantly.
Volumes: after the impulsive spike, volumes are noticeably decreasing, which looks more like a correction.
🎯 Long scenario
Aggressive: 0,000508–0,000513 after a pin-bar confirmation.
Conservative: holding above EMA21 0,0005225.
TP1: 0,0005315
TP2: 0,0005580
TP3: 0,0005790
🛑 SL: below 0,0005000.
The key right now is holding EMA50. If the pin bar gets confirmation and the price returns above EMA21, the correction may end with a continuation of the upward move. A break below EMA99 will invalidate this scenario.
Trading 👉$MEW
Structure: after a powerful impulse from 0,0004569 to 0,0005792, the price moved into a correction. Now MEW is pulling back to the EMA50 (0,0005082) and forming a pin bar here — the first reaction from buyers to this dynamic support.
📊 Indicators:
EMA99: 0,0005005 — additional support.
RSI6: 31 — close to oversold.
RSI14: 47 — neutral zone.
StochRSI: practically 0 — strong local oversold conditions.
MACD: the histogram is negative, but the main downward move has already slowed down significantly.
Volumes: after the impulsive spike, volumes are noticeably decreasing, which looks more like a correction.
🎯 Long scenario
Aggressive: 0,000508–0,000513 after a pin-bar confirmation.
Conservative: holding above EMA21 0,0005225.
TP1: 0,0005315
TP2: 0,0005580
TP3: 0,0005790
🛑 SL: below 0,0005000.
The key right now is holding EMA50. If the pin bar gets confirmation and the price returns above EMA21, the correction may end with a continuation of the upward move. A break below EMA99 will invalidate this scenario.
Trading 👉$MEW
