$MEME – PARABOLIC CONTINUATION SETUP
#MEME is currently in a strong parabolic phase with momentum still intact, but pullbacks should be watched for better re-entry opportunities.
TRADE SETUP – LONG IDEA
Entry Zone: 0.0007800 – 0.0008200
Stop Loss: 0.0007400
TAKE PROFIT LEVELS
TP1: 0.0008600
TP2: 0.0009200
TP3: 0.0010000
MARKET STRUCTURE
Price is forming strong higher highs with volume-backed impulsive moves. The structure remains bullish as long as price holds above the previous breakout zone, indicating continued buyer dominance.
OUTLOOK
Momentum favors continuation toward psychological resistance near 0.001. However, after parabolic moves, sharp pullbacks can occur, so disciplined entries on dips are preferred over chasing highs.