Image of MEY
MEYMey Network
$0.06171
1.38%
1D

Mey Network Analysis

Investment Score
A quick view into Mey Network's investment prospects.
7.6

The asset still looks technically supportive, with multiple signals continuing to back the setup.

What is helping
  • MACD is confirming the current directional bias.
  • The current level still offers a favorable reward-to-risk profile.
Main risks
  • ATR percentile is elevated, which signals a noisier market and a higher chance of sharp swings.
  • Price is trading below the volume-weighted average, which suggests the move is losing volume-backed support.
Market State Summary
Current regime
Bull Volatile
Confidence: 77%
Why this state?
  • MEY is above SMA50
  • SMA50 is below SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is above the 60th percentile of its trailing 180-day history
Suggested strategy

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.

Trend
Bullish
MEY is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 54.54, which is neither overbought nor oversold.
Volatility
Volatile
MEY ATR volatility is above the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.07199 - $0.07686
Active zone
$0.05926 - $0.06413
Support zone
$0.04316 - $0.05708
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bullish
ATR%
Volatile
Volume
High
Support & Resistance

Mey Network 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.

Support zone
$0.04316 - $0.05708
Resistance zone
$0.07199 - $0.07686
Active zone
$0.05926 - $0.06413
Levels Table
LevelZoneStrength
Support 1$0.04316 - $0.05708
Resistance 1$0.07199 - $0.07686
Resistance 2$0.08960 - $0.09446
Resistance 3$0.09972 - $0.1046
Resistance 4$0.1115 - $0.1196
Active 1$0.05926 - $0.06413
Scenario Analysis
Bullish scenario

MEY clears the resistance zone at $0.07199 - $0.07686 and holds above it. That would strengthen the breakout case and shift attention to $0.08960 - $0.09446.

Bearish scenario

MEY loses the support zone at $0.04316 - $0.05708. That would weaken the setup and open the way toward $0.04316 - $0.05708.

Neutral scenario

MEY continues trading between $0.05708 and $0.07199. In that case, range-trading conditions remain active.

Technical Indicators

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.

IndicatorValueSignalInterpretation
SMA50
$0.05172
Bullish
MEY is trading above the 50-day average.
SMA200
$0.05845
Bullish
MEY remains above the long-term trend line.
EMA50
$0.05472
Bullish
MEY is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.06016
Bullish
MEY is above the 200-day exponential average, which keeps the longer-term structure constructive.
RSI (14)
54.54
Neutral
RSI (14) is at 54.54, which keeps momentum in a balanced range.
Stoch RSI (14)
5.62
Oversold
Stoch RSI (14) is low at 5.62, which shows momentum is pressing near its recent lower extreme.
MACD
0.003292
Bullish
MACD is above its signal line.
ATR
8.00%
Volatile
Volatility is above its 180-day median.
VWMA
$0.06191
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
7.89
Neutral
CCI (20) is at 7.89, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.009776
Bullish
Awesome Oscillator is above zero at $0.009776, which supports bullish momentum.
Williams Percent Range (14)
-62.58
Neutral
Williams Percent Range (14) is at -62.58, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$-0.0004724
Bearish
Bull Bear Power (13) is negative at $-0.0004724, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
43.54
Neutral
Ultimate Oscillator is at 43.54, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.06604
Bearish
MEY is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.06040
Bullish
MEY is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to Mey Network

Over the past 7 days, Mey Network price was most positively correlated with the price of Pendle (PENDLE), Gnosis (GNO), StarkNet (STRK), Aster (ASTER) and Morpho (MORPHO) and most negatively correlated with the price of LEO Token (LEO), Bitcoin SV (BSV), XDC Network (XDC), BitTorrent (BTT) and Beldex (BDX).

Positively Correlated Currencies
NameCorrelation
Image of PendlePendle0.862
Image of GnosisGnosis0.779
Image of StarkNetStarkNet0.660
Image of AsterAster0.627
Image of MorphoMorpho0.610
Negatively Correlated Currencies
NameCorrelation
Image of LEO TokenLEO Token-0.357
Image of Bitcoin SVBitcoin SV-0.244
Image of XDC NetworkXDC Network-0.241
Image of BitTorrentBitTorrent-0.232
Image of BeldexBeldex-0.213

Mey Network price is positively correlated with the top 10 coins by market cap with a price of 0.270, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.156. Currencies that are positively correlated with Mey Network 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 Mey Network, a move in one direction for Mey Network would translate into a move in the opposite direction for the negatively correlated coin.

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