The chart is fairly balanced right now, so waiting for stronger confirmation still makes sense.
In the current Bull Volatile regime, the best-fit approach is Follow the trend, but tighten risk control. The broader trend is still bullish, but price swings are wider and less forgiving, so the upside bias remains intact while execution and risk control need to be tighter.
Meo Finance 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 | $0.0004822 - $0.001279 | |
| Resistance 1 | $0.01055 - $0.01127 | |
| Resistance 2 | $0.01199 - $0.01240 |
MEFI clears the resistance zone at $0.01055 - $0.01127 and holds above it. That would strengthen the breakout case and shift attention to $0.01199 - $0.01240.
MEFI loses the support zone at $0.0004822 - $0.001279. That would weaken the setup and open the way toward $0.0004822 - $0.001279.
MEFI continues trading between $0.001279 and $0.01055. 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 | $0.001438 | Bullish | MEFI is trading above the 50-day average. |
| SMA200 | $0.007931 | Bullish | MEFI remains above the long-term trend line. |
| EMA50 | $0.002351 | Bullish | MEFI is holding above the 50-day exponential average, which supports the recent trend. |
| EMA200 | $0.007748 | Bullish | MEFI is above the 200-day exponential average, which keeps the longer-term structure constructive. |
| RSI (14) | 97.31 | Overbought | RSI (14) is elevated at 97.31, which suggests upside momentum may be getting stretched. |
| Stoch RSI (14) | 100.00 | Overbought | Stoch RSI (14) is high at 100.00, which shows momentum is pressing near its recent upper extreme. |
| MACD | 0.001339 | Bullish | MACD is above its signal line. |
| ATR | 6.53% | Volatile | Volatility is above its 180-day median. |
| VWMA | $0.003071 | Bullish | Price is above the volume-weighted average. |
| Commodity Channel Index (20) | 225.09 | Bullish | CCI (20) is strong at 225.09, which shows price is trading well above its recent average. |
| Awesome Oscillator (5, 34) | $0.003472 | Bullish | Awesome Oscillator is above zero at $0.003472, which supports bullish momentum. |
| Williams Percent Range (14) | -0.004383 | Overbought | Williams Percent Range (14) is near the top of its recent range at -0.004383. |
| Bull Bear Power (13) | $0.004204 | Bullish | Bull Bear Power (13) is positive at $0.004204, which suggests buyers are controlling price relative to the EMA baseline. |
| Ultimate Oscillator (7, 14, 28) | 99.19 | Overbought | Ultimate Oscillator is elevated at 99.19, which suggests multi-timeframe momentum may be overheated. |
| Hull Moving Average (9) | $0.008764 | Bearish | MEFI is trading below the Hull Moving Average (9), which weakens the near-term trend. |
| Ichimoku Cloud B/L (9, 26, 52, 26) | $0.004333 | Bullish | MEFI is trading above the Ichimoku base line, which supports bullish structure. |
Over the past 7 days, Meo Finance price was most positively correlated with the price of Raydium (RAY), Beldex (BDX), JUST (JST), KuCoin Token (KCS) and Jupiter (JUP) and most negatively correlated with the price of Mantle (MNT), PancakeSwap (CAKE), Uniswap (UNI), Dash (DASH) and Plasma (XPL).
| Name | Correlation |
|---|---|
| Raydium | 0.852 |
| Beldex | 0.736 |
| JUST | 0.621 |
| KuCoin Token | 0.586 |
| Jupiter | 0.546 |
| Name | Correlation |
|---|---|
| Mantle | -0.987 |
| PancakeSwap | -0.965 |
| Uniswap | -0.962 |
| Dash | -0.955 |
| Plasma | -0.955 |
Meo Finance price is negatively correlated with the top 10 coins by market cap with a price of -0.589, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.612. Currencies that are positively correlated with Meo Finance 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 Meo Finance, a move in one direction for Meo Finance would translate into a move in the opposite direction for the negatively correlated coin.
