MEME/USDT Analysis — Symmetrical Triangle Breakout + Golden Cros

MEME/USDT Analysis — Symmetrical Triangle Breakout + Golden Cross! 🚀
Timeframe: 4H
Exchange: Binance (Perpetual Contract)
Chart Type: Heikin Ashi

📊 Technical Analysis:
A Symmetrical Triangle formation is visible, suggesting a potential strong breakout.

Golden Cross observed: EMA 50 (yellow) is crossing above EMA 200 (red), a strong bullish signal.

Price currently consolidating near the triangle apex — a breakout is expected soon.

⚡ Trading Plan:
📌 Bullish Scenario:

✅ Entry: Above 0.002200 (candle close confirmation)
🎯 Targets: 0.002400 — 0.002600
🛡️ Stop Loss: 0.002041 (below 50% Fibonacci level)

📌 Bearish Scenario:

✅ Entry: Below 0.002041 (candle close confirmation)
🎯 Targets: 0.001887 — 0.001675
🛡️ Stop Loss: 0.002166 (previous consolidation zone)

📰 Fundamental Catalysts:
Market Sentiment: Meme coins seeing increased social media attention (Reddit, Twitter).

Binance Update: Funding rate adjustments may trigger volatility.

Hype Cycle: Growing interest towards MEME tokens as April ends.

📢 Summary:
MEME/USDT is at a critical breakout point with Golden Cross support. Watch for volume confirmation and manage risk properly.

Risk Management is Key! ⚠️

#Crypto #MEME #TradingView #Altcoins #TechnicalAnalysis
Not a financial advise #DYOR