Technical analysis by CryptoNuclear about Symbol MEW: Buy recommendation (9/16/2025)

📝 Summary The MEWU/USDT pair is currently consolidating after a strong downtrend since early 2025. Price has been compressing into a symmetrical triangle pattern, trapped between a horizontal support zone at 0.0027–0.0033 and a descending resistance trendline. The structure is now very close to its apex → meaning a major breakout (up or down) is imminent. The next move will likely set the medium- to long-term direction of this token. --- 🔎 Pattern & Market Structure Main pattern: Symmetrical Triangle — formed by higher lows and lower highs. Market context: Appears after a steep downtrend. Symmetrical triangles are technically neutral, but the initial bias leans slightly bearish until proven otherwise. Accumulation zone: 0.0027–0.0033 has acted as a key battleground between buyers and sellers. Key levels: Supports: 0.0027 → 0.0021 → 0.00175 → 0.001613 (major low) Resistances: 0.003402 → 0.004091 → 0.005712 → 0.007081 → 0.010009 → 0.012096 --- 🚀 Bullish Scenario (If Breakout Upward) 1. Confirmation: A 2D close above 0.0034–0.0035 with strong volume. 2. Healthy retest: Price retests 0.0034–0.0030 as new support. If it holds → bullish confirmation. 3. Targets: 🎯 TP1: 0.00409 (+35%) 🎯 TP2: 0.00571 (+89%) 🎯 TP3: 0.00708 🎯 Extended target: 0.0100 – 0.0120 (if momentum/FOMO enters). 4. Risk management: Stop loss below 0.0027; aim for R:R ≥ 1:2. > An upside breakout would signal a major trend reversal after months of consolidation. The move could be explosive. --- 🐻 Bearish Scenario (If Breakdown Downward) 1. Confirmation: A 2D close below 0.0027 with heavy selling volume. 2. Failed retest: Price retests 0.0027–0.0029 from below and gets rejected → bearish continuation. 3. Targets: 🎯 TP1: 0.0025 🎯 TP2: 0.0021 🎯 TP3: 0.00175 🎯 TP4: 0.00161 (major historical support). 4. Risk management: Stop loss above 0.0034 if shorting. > A downside break would confirm trend continuation, exposing MEWU to another 30–50% decline. --- 📌 Key Notes The longer the triangle compresses, the stronger the breakout tends to be. Volume is the key indicator → no volume = high risk of false breakout. On the 2D timeframe, any breakout can drive a trend lasting weeks to months. Expect high volatility due to relatively low liquidity in smaller tokens. --- 📢 Conclusion MEWU/USDT is at a critical crossroads. The symmetrical triangle formed since March is nearing its apex, and a directional breakout is imminent. Breakout upward → potential rally of +100% toward 0.0057–0.0070. Breakdown downward → risk of a 30–50% drop toward 0.0016. 📌 Best approach: wait for confirmation (close + volume + retest) before entering. Patience here can prevent being trapped in a false move. --- #MEWU #MEWUUSDT #CryptoAnalysis #Breakout #TrianglePattern #Altcoin #TechnicalAnalysis #BullishScenario #BearishScenario