The asset looks technically constructive, but the current entry quality is not perfect.
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.
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.
| Level | Zone | Strength |
|---|---|---|
| Support 1 | $0.03840 - $0.04257 | |
| Resistance 1 | $0.05961 - $0.06378 | |
| Resistance 2 | $0.08995 - $0.09411 | |
| Resistance 3 | $0.1001 - $0.1042 | |
| Resistance 4 | $0.1119 - $0.1193 | |
| Active 1 | $0.04351 - $0.05680 |
MEY clears the resistance zone at $0.05961 - $0.06378 and holds above it. That would strengthen the breakout case and shift attention to $0.08995 - $0.09411.
MEY loses the support zone at $0.03840 - $0.04257. That would weaken the setup and open the way toward $0.03840 - $0.04257.
MEY continues trading between $0.04257 and $0.05961. 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 | $0.04651 | Bullish | MEY is trading above the 50-day average. |
| SMA200 | $0.06295 | Bearish | MEY remains below the long-term trend line. |
| EMA50 | $0.04737 | Bullish | MEY is holding above the 50-day exponential average, which supports the recent trend. |
| EMA200 | $0.06011 | Bearish | MEY is below the 200-day exponential average, which keeps the longer-term structure under pressure. |
| RSI (14) | 60.70 | Neutral | RSI (14) is at 60.70, which keeps momentum in a balanced range. |
| Stoch RSI (14) | 38.00 | Neutral | Stoch RSI (14) is at 38.00, which suggests momentum is active but not yet extreme. |
| MACD | 0.001952 | Bullish | MACD is above its signal line. |
| ATR | 7.98% | Volatile | Volatility is above its 180-day median. |
| VWMA | $0.04836 | Bullish | Price is above the volume-weighted average. |
| Commodity Channel Index (20) | 150.85 | Bullish | CCI (20) is strong at 150.85, which shows price is trading well above its recent average. |
| Awesome Oscillator (5, 34) | $0.007265 | Bullish | Awesome Oscillator is above zero at $0.007265, which supports bullish momentum. |
| Williams Percent Range (14) | -72.27 | Neutral | Williams Percent Range (14) is at -72.27, which keeps price in the middle of its recent range. |
| Bull Bear Power (13) | $0.004894 | Bullish | Bull Bear Power (13) is positive at $0.004894, which suggests buyers are controlling price relative to the EMA baseline. |
| Ultimate Oscillator (7, 14, 28) | 37.77 | Neutral | Ultimate Oscillator is at 37.77, which suggests momentum is balanced across its short, medium, and long windows. |
| Hull Moving Average (9) | $0.05562 | Bearish | MEY is trading below the Hull Moving Average (9), which weakens the near-term trend. |
| Ichimoku Cloud B/L (9, 26, 52, 26) | $0.05778 | Bearish | MEY is trading below the Ichimoku base line, which points to weaker structure. |
Over the past 7 days, Mey Network price was most positively correlated with the price of Uniswap (UNI), Trust Wallet Token (TWT), Decred (DCR), Monero (XMR) and Dash (DASH) and most negatively correlated with the price of Bitcoin SV (BSV), Sun Token (SUN), Polygon Ecosystem Token (POL), Jito (JTO) and TRON (TRX).
| Name | Correlation |
|---|---|
| Uniswap | 0.879 |
| Trust Wallet Token | 0.859 |
| Decred | 0.800 |
| Monero | 0.795 |
| Dash | 0.766 |
| Name | Correlation |
|---|---|
| Bitcoin SV | -0.860 |
| Sun Token | -0.858 |
| Polygon Ecosystem Token | -0.852 |
| Jito | -0.836 |
| TRON | -0.788 |
Mey Network price is negatively correlated with the top 10 coins by market cap with a price of -0.186, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.184. 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.
