Technical analysis by RajaSaien about Symbol MEME: Buy recommendation (4/28/2025)

RajaSaien

MEME/USDT Analysis — Symmetrical Triangle Breakout + Golden Cross! 🚀Timeframe: 4HExchange: 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 #TechnicalAnalysisNot a financial advise #DYOR