The setup has a mild positive bias, but the reward-to-risk is not clean enough to be aggressive.
In the current Bull Quiet regime, the best-fit approach is Trend following / buy dips. Trend conditions are constructive and volatility is contained, which usually favors following the move higher and looking for pullbacks instead of fading strength.
Meat 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 | $0.0₇8008 - $0.0₇8676 | |
| Support 2 | $0.0₇4760 - $0.0₇5887 | |
| Resistance 1 | $0.0₆1453 - $0.0₆1503 | |
| Resistance 2 | $0.0₆3622 - $0.0₆3719 | |
| Resistance 3 | $0.0₆9613 - $0.0₆9698 | |
| Resistance 4 | $0.0₅1252 - $0.0₅1257 | |
| Active 1 | $0.0₆1253 - $0.0₆1331 |
MEAT clears the resistance zone at $0.0₆1453 - $0.0₆1503 and holds above it. That would strengthen the breakout case and shift attention to $0.0₆3622 - $0.0₆3719.
MEAT loses the support zone at $0.0₇8008 - $0.0₇8676. That would weaken the setup and open the way toward $0.0₇4760 - $0.0₇5887.
MEAT continues trading between $0.0₇8676 and $0.0₆1453. 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 | $0.0₇6602 | Bullish | MEAT is trading above the 50-day average. |
| SMA200 | $0.0₆1875 | Bearish | MEAT remains below the long-term trend line. |
| EMA50 | $0.0₇7671 | Bullish | MEAT is holding above the 50-day exponential average, which supports the recent trend. |
| EMA200 | $0.0₆3030 | Bearish | MEAT is below the 200-day exponential average, which keeps the longer-term structure under pressure. |
| RSI (14) | 93.63 | Overbought | RSI (14) is elevated at 93.63, 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 | 0.0₇1004 | Bullish | MACD is above its signal line. |
| ATR | 3.89% | Quiet | Volatility is below its 180-day median. |
| VWMA | $0.0₆1093 | Bullish | Price is above the volume-weighted average. |
| Commodity Channel Index (20) | 419.29 | Bullish | CCI (20) is strong at 419.29, which shows price is trading well above its recent average. |
| Awesome Oscillator (5, 34) | $0.0₇2000 | Bullish | Awesome Oscillator is above zero at $0.0₇2000, which supports bullish momentum. |
| Williams Percent Range (14) | -8.42 | Overbought | Williams Percent Range (14) is near the top of its recent range at -8.42. |
| Bull Bear Power (13) | $0.0₇3641 | Bullish | Bull Bear Power (13) is positive at $0.0₇3641, which suggests buyers are controlling price relative to the EMA baseline. |
| Ultimate Oscillator (7, 14, 28) | 86.18 | Overbought | Ultimate Oscillator is elevated at 86.18, which suggests multi-timeframe momentum may be overheated. |
| Hull Moving Average (9) | $0.0₆1106 | Bullish | MEAT is trading above the Hull Moving Average (9), which supports the near-term trend. |
| Ichimoku Cloud B/L (9, 26, 52, 26) | $0.0₇9174 | Bullish | MEAT is trading above the Ichimoku base line, which supports bullish structure. |
Over the past 7 days, Meat price was most positively correlated with the price of Stacks (STX), Basic Attention Token (BAT), Beldex (BDX), LEO Token (LEO) and Tezos (XTZ) and most negatively correlated with the price of Raydium (RAY), Hedera Hashgraph (HBAR), VeChain (VET), Quant (QNT) and Shiba Inu (SHIB).
| Name | Correlation |
|---|---|
| Stacks | 0.756 |
| Basic Attention Token | 0.753 |
| Beldex | 0.666 |
| LEO Token | 0.639 |
| Tezos | 0.614 |
| Name | Correlation |
|---|---|
| Raydium | -0.869 |
| Hedera Hashgraph | -0.859 |
| VeChain | -0.856 |
| Quant | -0.848 |
| Shiba Inu | -0.829 |
Meat price is negatively correlated with the top 10 coins by market cap with a price of -0.154, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.278. Currencies that are positively correlated with Meat 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 Meat, a move in one direction for Meat would translate into a move in the opposite direction for the negatively correlated coin.
