The setup has a mild positive bias, but the reward-to-risk is not clean enough to be aggressive.
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.
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 | $0.0₇5273 - $0.0₇5864 | |
| Support 2 | $0.0₇4833 - $0.0₇5182 | |
| Resistance 1 | $0.0₆1261 - $0.0₆1318 | |
| Resistance 2 | $0.0₆1460 - $0.0₆1495 | |
| Resistance 3 | $0.0₅1253 - $0.0₅1256 |
MEAT clears the resistance zone at $0.0₆1261 - $0.0₆1318 and holds above it. That would strengthen the breakout case and shift attention to $0.0₆1460 - $0.0₆1495.
MEAT loses the support zone at $0.0₇5273 - $0.0₇5864. That would weaken the setup and open the way toward $0.0₇4833 - $0.0₇5182.
MEAT continues trading between $0.0₇5864 and $0.0₆1261. 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 | $0.0₇5832 | Bullish | MEAT is trading above the 50-day average. |
| SMA200 | $0.0₆2473 | Bearish | MEAT remains below the long-term trend line. |
| EMA50 | $0.0₇6917 | Bullish | MEAT is holding above the 50-day exponential average, which supports the recent trend. |
| EMA200 | $0.0₆3549 | Bearish | MEAT is below the 200-day exponential average, which keeps the longer-term structure under pressure. |
| RSI (14) | 75.48 | Overbought | RSI (14) is elevated at 75.48, which suggests upside momentum may be getting stretched. |
| Stoch RSI (14) | 92.81 | Overbought | Stoch RSI (14) is high at 92.81, which shows momentum is pressing near its recent upper extreme. |
| MACD | 0.0₈3711 | Bullish | MACD is above its signal line. |
| ATR | 4.44% | Quiet | Volatility is below its 180-day median. |
| VWMA | $0.0₇7505 | Bullish | Price is above the volume-weighted average. |
| Commodity Channel Index (20) | 214.01 | Bullish | CCI (20) is strong at 214.01, which shows price is trading well above its recent average. |
| Awesome Oscillator (5, 34) | $0.0₇1435 | Bullish | Awesome Oscillator is above zero at $0.0₇1435, which supports bullish momentum. |
| Williams Percent Range (14) | -5.70 | Overbought | Williams Percent Range (14) is near the top of its recent range at -5.70. |
| Bull Bear Power (13) | $0.0₇1352 | Bullish | Bull Bear Power (13) is positive at $0.0₇1352, which suggests buyers are controlling price relative to the EMA baseline. |
| Ultimate Oscillator (7, 14, 28) | 88.31 | Overbought | Ultimate Oscillator is elevated at 88.31, which suggests multi-timeframe momentum may be overheated. |
| Hull Moving Average (9) | $0.0₇8297 | Bearish | MEAT is trading below the Hull Moving Average (9), which weakens the near-term trend. |
| Ichimoku Cloud B/L (9, 26, 52, 26) | $0.0₇6510 | 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 Avalanche (AVAX), Algorand (ALGO), Conflux (CFX), GateToken (GT) and Ethena (ENA) and most negatively correlated with the price of JUST (JST), World Liberty Financial (WLFI), Aster (ASTER), Beldex (BDX) and Dash (DASH).
| Name | Correlation |
|---|---|
| Avalanche | 0.988 |
| Algorand | 0.978 |
| Conflux | 0.963 |
| GateToken | 0.963 |
| Ethena | 0.955 |
| Name | Correlation |
|---|---|
| JUST | -0.662 |
| World Liberty Financial | -0.465 |
| Aster | -0.206 |
| Beldex | -0.171 |
| Dash | 0.120 |
Meat price is positively correlated with the top 10 coins by market cap with a price of 0.742, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.765. 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.
