Memecoin: A Modest $60 Trade in Mumu on SolanaMemecoin: A Modest $60 Trade in Mumu on Solana
➖ Bitcoin is growing slowly for now, and today I noticed that altcoins and memecoins have become more active.
➖ I decided to try investing a modest $60 in the memecoin Mumu, which has the potential for a +120% move.
➖ I'm not expecting massive gains; the lows have closed higher, similar to October 2024, with a move toward 161.8% on the Fibonacci retracement. I opened a trade on Solana.
MUMUUSDT trade ideas
#MUMU the bullBulls are coming?
looks interesting here on weekly, if we start to reclaim on HTF will aim for highs
Mumu is the mascot of the bull run Hey guys, quick analysis on $MUMU heavily undervalued here. Team works incredibly hard. I look for this to shine in 2025.
Mumu On AirThis chart displays a symmetrical triangle pattern on the MUMU/USDT trading pair. The price action shows tightening between ascending support and descending resistance, often signaling potential breakout momentum. The bullish bias is evident with higher lows, suggesting buyers gaining control. A breakout above the resistance line could trigger significant upside momentum.
MUMU READY FOR 50% 50% Gain Incoming?
The Inverse Head and Shoulders pattern suggests a bullish breakout! 📈
Potential target: 0.00007489 USDT (49.45% gain).
👀 Watch for a breakout confirmation above the neckline.
🔥 Are you ready to catch this move?
#CryptoTrading #ChartPatterns #BullishBreakout
MUMU #meme #cryptoThis chart highlights a bullish trend with higher lows , reinforcing an ascending channel structure. Blue arrows point to successful support retests, confirming a strong uptrend. The potential target is marked by the resistance line, projecting an 89.90% price increase. Current conditions favor further upward momentum within the channel.
$MUMU Bullish MoveJust waiting for $MUMU to break a final weekly resistance & we are off for a new discovery over next weeks!
MUMU the bull on the moveLike most of these memecoins MUMU is finding it self at the bottom of the range with the RSI about to reset. MUMU could be finding support at $0.00003500 before starting it's next leg up. MUMU is looking mainly bullish however it's success will be tied to Solana and if SOL can break the 200.00 price barrier. If we see further downside from the top 3 due to geo politics the crypto market as a whole will keep bleeding.
#MUMU TRADING IDEA$MUMU just got listed on bybit perp and below $5M Mcap. This is good range to add up some $MUMU with perfect risk Management. Study the chart.
mumu usdt I m just leaning crypto it's can be wrong.
Welcome to comments and points out
mistake under my chart to improve my skills ( Thanks )
Yellow Area ( Weekly Support )
Green Area ( Daily Support )
Cyan solid lines ( 4 Hour Support )
Blue dots line ( Trending resistance & support )
Still current price 4683 which it pull back from
our 4 hour support after rejecting Daily support area.
It look it can be go to price 6095 TP1
put Stop Loss under the 4 support line ( Cyan solid line )
Always use stop loss under the support line
keep profit till next Resistance.
Sheikh Mohsin
Crypto Learner
$MUMU possible consolidation above Support zone$MUMU is trying to test support here - if possible support by macro happens we can see a good run of 2-3x from the zone marked in the chart.
Mumu the bulll is here folks I got a feeling , call it a dream , is what you attract they say ;)
MEXC:MUMUUSDT 🚀
MumuuPotential Banger:
Looking like MUMUU wants to break ATH this month and head into 1.6 fibonacci PT territory. Lets see what happens
A Spirited Ride with Mumu the Bull.In this high-spirited exploration, we're diving into the vibrant dynamics of Mumu the Bull / Tether USD (MUMUUSDT), a meme coin that has captured the attention of the speculative trading community. With its wild price swings and dramatic chart patterns, Mumu offers an engaging yet challenging playground for savvy traders.
Pattern Observed: A pronounced descending triangle pattern on the 2-hour chart hints at a potential bearish continuation or a reversal pending a breakout.
Volume Dynamics: Recent trading sessions show diminishing volume as price declines, suggesting a decrease in selling pressure and potential for price stabilization or reversal.
Current Indications: Most short-term moving averages are trending downwards, reinforcing short-term bearish sentiments. However, a bullish divergence in the longer-term 200-period SMA signals potential upward momentum if a reversal occurs.
RSI (45): Stands neutral, indicating a balanced force between buyers and sellers.
Stochastic RSI: Approaching the overbought area, suggesting caution for buyers.
CCI: Deeply oversold at -85.96, which often precedes a bullish reversal in trend.
MACD: Displays a buy signal, indicating potential upcoming positive momentum.
Significant Support: Identified at 0.00001000 USDT.
Critical Resistance: Found at 0.00001400 USDT.
Pivotal Level for Price Action: The central pivot point stands at 0.000011428 USDT.
Entry Point: Consider entering a long position if MUMUUSDT breaks and closes above the descending triangle pattern at approximately 0.00001200 USDT.
Target: Look to take profits around the 0.00001500 USDT level, which offers substantial upside potential from the breakout point.
Stop-Loss: Position a stop-loss at 0.00001080 USDT to protect against unexpected downtrends.
Entry Point: Initiate a short if the price breaks below the current support level at 0.00001000 USDT with significant volume.
Target: Set a downside target at 0.00000800 USDT, providing a clear profit objective from the entry.
Stop-Loss: A stop-loss just above the breakout point at 0.00001050 USDT will minimize potential losses should the price reverse direction.
Conclusion:
Mumu the Bull presents a textbook example of meme coin volatility combined with technical tradability. With clearly defined strategies and cautious risk management, traders can potentially harness the coin's dynamic movements for substantial gains. Always remain alert to rapid changes in market conditions, as meme coins are notoriously unpredictable. Enjoy the ride with Mumu, and trade wisely!
