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MEWUSDT trade ideas

cats in a dogs world: A Bonk & Floki Inu Repeat?I mentioned recently that the memecoin section of the market can suffer strongly in the upcoming bearish impulse but this is only because of how much these Altcoins grew. This is based on the charts we looked at for Bonk and Floki Inu, which you can find below for your convenience: ✴️ Floki Inu Major Drop Now Imminent: Prepare For The Crash! ✴️ Bonk Catastrophe... Level 1 (50%), Level 2 (85%) & Level 3 (95%) Also Pepe is bearish and Shiba Inu as well. Looking at MEWUSDT (cats in a dogs wold), what you see on the chart is a rising wedge that broke bearish, literally, it has been decided already. The price peak happened 25-October but the volume peak happened 7-June, so we have a bearish divergence between the growing price and decreasing volume. Previous drops lasted between 1-2 months and we can expect something similar this time around. The main support levels are marked orange on the chart. Thank you for reading. Namaste.
Short
by MasterAnanda
3
Cat in a dogs world MEW price is pleasantly surprisingIt seems that MM algorithms are still comfortable trading #memecoins and their capital is there. The price moves very clearly from level to level, for example $MEW 👇 The preliminary impulse from our purchase zone in a very short time gave a +150% price movement OKX:MEMEUSDT Of course, now the price of this #SolanaMemeCoin is “a little bit high”, but you can try your luck and pick up a long in the range of $0.0063-0.0075. What do you think, will it be possible to take away +100-130% of the price movement? Yes 👍 No 👎
Long
by P_S_trade
3
MEW: Solana-Based Meme Coin Soars 14% on Major Exchange ListingsIn the competitive world of meme coins, Cat in a Dog’s World ($MEW) has emerged as a key player after securing a significant listing on the South Korean crypto exchange Upbit. Following in the footsteps of Dogecoin (DOGE) and Shiba Inu (SHIB), MEW's inclusion in the KRW market has catapulted its price by 14%, positioning the coin for continued upward momentum. Upbit’s announcement of the MEW/KRW trading pair comes as a major development, giving the Solana-based token exposure to a broader market. With Upbit being a major player in the Asian crypto space, the listing brings MEW closer to mainstream adoption, sparking bullish sentiment in the market. MEW's Growing Influence The recent listing on Upbit is a significant milestone for $MEW, marking it as the third meme coin to achieve this feat after Dogecoin and Shiba Inu. The decision to peg MEW to the Korean Won (KRW) is crucial as it opens the token to a massive audience of South Korean traders and investors. This development follows the earlier listing of MEW in BTC and USDT markets, further extending its market reach. In addition to Upbit, Kraken also listed $MEW on October 8th, 2024, sparking further price rallies and pushing the token to its recent ATH. These exchange listings are a testament to the growing interest in the Solana-based meme coin, positioning it as a token to watch in the coming months. With $MEW gaining significant trading volume (up 370%) and a remarkable 14% price jump following the Upbit listing, it’s clear that the token is benefiting from increased market visibility and investor confidence. MEW’s total futures open interest (OI) is also up 16%, adding to the optimism surrounding its bullish trajectory. Technical Outlook: MEW Primed for Further Gains From a technical perspective, $MEW shows signs of continued bullish momentum. As of the time of writing, $MEW is up 4.51%, trading at $0.009561 after breaking through a former resistance point. This price action comes on the heels of the Upbit listing, positioning $MEW to revisit previous highs and potentially reach new all-time highs (ATH). The Relative Strength Index (RSI) sits at 62.67, indicating bullish conditions without being overbought. This positioning primes MEW for an upward move towards its pivot point of $0.01, a psychological level that could open the floodgates to further price rallies. Should MEW surpass this point, it could enter a new bullish cycle with increased price discovery. In the event of a retracement, MEW has solid support at $0.008, a former resistance level that could provide a strong foundation for future growth. This combination of bullish indicators and fundamental catalysts makes MEW a token with high potential in the meme coin space. Conclusion: MEW’s Road to the Top MEW's recent listings on Upbit and Kraken have sparked a new wave of optimism, pushing the Solana-based meme coin into the spotlight. With technical indicators supporting a bullish case and increased trading volume confirming investor interest, $MEW is positioned for continued gains. As it approaches its pivotal $0.01 level, all eyes are on $MEW as it looks to break into new highs.
Long
by DEXWireNews
2
MEWUSDT Long Setup / Are you a cat person or a dog personOKX:MEWUSDT BYBIT:MEWUSDT BINANCE:MEWUSDT.P 📈Which side you pick? Bull or Bear SL1 ---> Low-risk status: 3x-4x Leverage SL2 ---> Mid-risk status: 5x-8x Leverage (If there is just one SL on the chart, I suggest, low risk status) 👾Note: The setup is active but expect the uncertain phase as well. ➡️Entry Area: Yellow zone ⚡️TP: 0.006912 0.007202 0.007492 0.007925 🔴SL: 0.005929 🧐The Alternate scenario: If the price stabilize against the direction of the position, below or above the trigger zone, the setup will be canceled.
Long
by CrazyS
1
MEW buy/long setup (4H)From where we put the green arrow on the chart, it looks like we have an ABC on the chart, which wave B was a triangle and now it is over. We seem to be in wave C now. On the chart, we have a demand range on which we are looking for buy/long positions. The targets are marked on the chart Closing a daily candle below the invalidation level will violate this analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
4
$MEW: The Bullish Breakout We’ve Been Waiting For!Massive Signal for $MEW! 📈 If you don’t see it, I don’t know what to tell you. I’ve analyzed multiple timeframes, and the bi-weekly one shows the strongest potential. We’re seeing strong movement off the current POC with a nice bullish expansion bar right at the end. The last thing we need is a close above $0.00666, which should trigger even more upside. If October turns out to be a bullish month like it usually does, this one will have no problem firing a stronger candle for next month. Targets are $0.015 and $0.045. Let’s get it! 🚀
Long
by ZelfTrade
7
#MEW Buy RangeKey Observations: Candlestick Movement: Red candles represent a decrease in price (bearish weeks), while green candles indicate price increases (bullish weeks). The chart shows a significant wick from the previous peak in July, indicating strong volatility. Support Levels: Three horizontal green lines mark critical price levels for potential buy entries: 0.005379: The lowest level, indicating a stronger support zone, possibly the best buy opportunity. 0.005557: A moderate support level for possible buy entries. 0.005787: A higher-level support that has recently been tested by the red candlestick. Trendline: A blue diagonal trendline supports the overall upward momentum, connecting higher lows, suggesting continued bullishness if respected. Conclusion: The green lines serve as key buying zones, with 0.005379 being the optimal level based on historical price action. The price is currently testing higher levels near 0.005787, but the lower green lines offer safer entry points for buyers. The upward trendline suggests potential for further price growth, with proper risk management around the support zones.
Long
by YoungMillionair
The Meme Gold Rush: $MEW is Your Next Play!As things are picking up, we should focus on maximizing returns on the narratives. So far, $POPCAT and NYSE:CAT are looking strong. I believe some tokens will continue to rise over time, especially with the strength coming off #memes. I expect $MEW to be the next one to watch. Personally, I prefer to stick with the clear frontrunners rather than chase after the next big mover, so I'm planning to invest half of what I put into NYSE:CAT and $POPCAT for this one. The structure is solid, and when we compare it with other L1s and L2s, the potential for gains outweighs the risks. Let’s wait for a slight retrace to make our move.
Long
by ZelfTrade
2