Technical analysis by MasterAnanda about Symbol MELANIA: Buy recommendation (8/26/2025)

After 22-April, trading volume starts to go up, hard. MELANIAUSDT starts a final descent. 8-July marks the downtrend bottom and once more trading volume goes up, hard. It goes up really high but still, sideways. Not very strong bullish action but at least the downtrend is gone. Yesterday, 25-August; MELANIAUSDT produces a higher low compared to July, and again my dear friend and reader trading volume starts to go up. Really strong. We are ready for a new bullish wave. MELANIAUSDT is moving above EMA8 and EMA34 today on the daily timeframe. This chart setup can lead to some very good results. This is exactly what we like to find on a chart. The first thing is low prices, the action happening near support. This is a positive here and we have a higher low. We not only want low prices but we want to see recovery signals, reversal signals and confirmation signals. » The recovery signal is the higher low. The reversal signal is the move above the moving averages and the confirmation signal is the rising volume. This is a strong combination. A medium strength bullish wave can hit a target of $1.26 for a nice 487% profits potential. MELANIAUSDT can easily go higher. You can notice on the chart a target at $2.10 for 877%. There is room for more, this is only mid-term. I am showing only a portion of the chart. Namaste.