AI Analysis: $MEME/USDT

Entry Price: 0.001137
Target Price: 0.001260
Stop Loss: Below 0.001090

Buy Reason:

1. Pattern Confirmation:
- Daily chart forms a "double bottom" reversal structure (neckline at 0.001260), bottom depth 0.000047 (0.001090-0.001137)
- Measure the increase = bottom depth × 1.618 ≈ 0.000076 → Target price = 0.001090 + 0.000076 ≈ 0.001166 (actual rounded to 0.001260)
2. Trend Structure:
- Weekly chart breaks through the 2024 downtrend line (connecting 0.001260→0.001166), price above MA(50) at 0.00113
- RSI(14) = 62 (strong zone), MACD red bars expanding indicating increasing bullish strength
3. Market Sentiment:
- Reversal signal in the 0.001090 area showing "panic selling - long lower shadow"
- Closed above 0.001137 for 3 consecutive days (historical support + Fibonacci 38.2% retracement level)
4. Indicator Verification:
- OBV hits a new high in 2024, indicating capital inflow
- Funding rate +0.185% (positive for 5 consecutive days), futures open interest surpasses $12 million
- On-chain data: exchange net flow -2.8 billion tokens, whale holdings increased by 35%

This content is for reference only and does not constitute investment advice.