The chart is mixed right now, so patience is justified unless a better entry appears.
In the current Sideways Quiet regime, the best-fit approach is Range trading / mean reversion. The market is balanced and relatively calm, which tends to reward mean-reversion behavior and range trading more than breakout chasing.
Meme Trading Fund support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.
| Level | Zone | Strength |
|---|---|---|
| Support 1 | $0.0₅2710 - $0.0₅2740 | |
| Support 2 | $0.0₅2574 - $0.0₅2603 | |
| Support 3 | $0.0₅2257 - $0.0₅2287 | |
| Support 4 | $0.0₅2185 - $0.0₅2215 | |
| Resistance 1 | $0.0₅3031 - $0.0₅3061 | |
| Resistance 2 | $0.0₅3090 - $0.0₅3119 | |
| Resistance 3 | $0.0₅3125 - $0.0₅3155 |
MTF clears the resistance zone at $0.0₅3031 - $0.0₅3061 and holds above it. That would strengthen the breakout case and shift attention to $0.0₅3090 - $0.0₅3119.
MTF loses the support zone at $0.0₅2710 - $0.0₅2740. That would weaken the setup and open the way toward $0.0₅2574 - $0.0₅2603.
MTF continues trading between $0.0₅2740 and $0.0₅3031. In that case, range-trading conditions remain active.
Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.
| Indicator | Value | Signal | Interpretation |
|---|---|---|---|
| SMA50 | $0.0₅3051 | Bearish | MTF is trading below the 50-day average. |
| SMA200 | $0.0₅2673 | Bullish | MTF remains above the long-term trend line. |
| EMA50 | $0.0₅2968 | Bearish | MTF is trading below the 50-day exponential average, which weakens the recent trend. |
| EMA200 | $0.0₅3106 | Bearish | MTF is below the 200-day exponential average, which keeps the longer-term structure under pressure. |
| RSI (14) | 33.96 | Neutral | RSI (14) is at 33.96, which keeps momentum in a balanced range. |
| Stoch RSI (14) | 13.84 | Oversold | Stoch RSI (14) is low at 13.84, which shows momentum is pressing near its recent lower extreme. |
| MACD | -2.524e-8 | Bearish | MACD is below its signal line. |
| ATR | 1.25% | Quiet | Volatility is below its 180-day median. |
| VWMA | $0.0₅3175 | Bearish | Price is below the volume-weighted average. |
| Commodity Channel Index (20) | -82.60 | Neutral | CCI (20) is at -82.60, which keeps price relatively close to its recent average. |
| Awesome Oscillator (5, 34) | $-1.285e-7 | Bearish | Awesome Oscillator is below zero at $-1.285e-7, which supports bearish momentum. |
| Williams Percent Range (14) | -62.71 | Neutral | Williams Percent Range (14) is at -62.71, which keeps price in the middle of its recent range. |
| Bull Bear Power (13) | $-5.380e-8 | Bearish | Bull Bear Power (13) is negative at $-5.380e-8, which suggests sellers are controlling price relative to the EMA baseline. |
| Ultimate Oscillator (7, 14, 28) | 64.83 | Neutral | Ultimate Oscillator is at 64.83, which suggests momentum is balanced across its short, medium, and long windows. |
| Hull Moving Average (9) | $0.0₅2958 | Bullish | MTF is trading above the Hull Moving Average (9), which supports the near-term trend. |
| Ichimoku Cloud B/L (9, 26, 52, 26) | $0.0₅3115 | Bearish | MTF is trading below the Ichimoku base line, which points to weaker structure. |
Over the past 7 days, Meme Trading Fund price was most positively correlated with the price of Solana (SOL), Bitcoin Cash (BCH), Chainlink (LINK), Venice Token (VVV) and Ethereum (ETH) and most negatively correlated with the price of Beldex (BDX), StarkNet (STRK), Raydium (RAY), Jupiter (JUP) and Cosmos (ATOM).
| Name | Correlation |
|---|---|
| Solana | 0.967 |
| Bitcoin Cash | 0.948 |
| Chainlink | 0.941 |
| Venice Token | 0.927 |
| Ethereum | 0.924 |
| Name | Correlation |
|---|---|
| Beldex | -0.799 |
| StarkNet | -0.669 |
| Raydium | -0.656 |
| Jupiter | -0.536 |
| Cosmos | -0.513 |
Meme Trading Fund price is positively correlated with the top 10 coins by market cap with a price of 0.587, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.614. Currencies that are positively correlated with Meme Trading Fund indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Meme Trading Fund, a move in one direction for Meme Trading Fund would translate into a move in the opposite direction for the negatively correlated coin.
