#MEMEFI#


๐Ÿ“Š MEMEFI/USDT Market Analysis โ€“ August 7, 2025

In the past few days, MEMEFI/USDT has experienced sharp volatility, climbing from a low of 0.0012957 USDT to a peak of 0.0065337 USDT, followed by a retracement to the current price of around 0.00326 USDT.

๐Ÿš€ Market Overview From August 5th to 7th, MEMEFI displayed a rapid bullish breakout, reflecting increased volume and market enthusiasm. However, the recent downtrend shows profit-taking and cooling momentum.

๐Ÿ“ˆ Technical Insights

Moving Averages (MA5 & MA10):
The short-term MA5 and MA10 are beginning to curve downward, signaling that buyers may be taking a break after the steep rally. If the price closes below both averages, we may see more downside correction unless strong support holds.

MACD:
A bearish crossover has occurred, indicating weakening momentum. This suggests caution for short-term traders.

RSI (Relative Strength Index):
RSI levels have cooled from overbought territory to around mid-range (~26โ€“48), showing a potential for stabilization or sideways movement if no strong catalyst emerges.

๐Ÿ“‰ Whatโ€™s Next? If support holds near 0.0030โ€“0.0032 USDT, MEMEFI may consolidate before attempting another breakout. If broken, it could test deeper support around 0.0023 USDT. On the flip side, a confirmed bounce above 0.0037 USDT with volume could reignite bullish momentum toward the 0.005โ€“0.006 USDT range.

โณ Multi-Timeframe View On the 1H chart, the correction looks sharp but not unusual after a strong rally. Looking at the 4H and daily charts, the uptrend remains intact, though weaker. This sets up for a "cool-off then climb" scenario if market sentiment aligns.

๐Ÿง  Final Thoughts This price movement reflects a typical pump-and-retrace cycle, common in meme/token ecosystems. It's important to stay informed, not just excited. Monitoring volatility, volume, and broader market conditions will be key to identifying the next move.

๐Ÿ“‰ See the attached chart for a visual representation of the price movement and moving averages.
MEMEFI-32.39%
post-image
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JaniRadarivip
ยท 08-07 18:17
Watch carefully ๐Ÿ”
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