$MEW faced a $2.2283K long liquidation at $0.00055, highlighting sharp volatility at this level. The market is now testing whether buyers can stabilize after the liquidation pressure.
Spot: $0.00055
Resistance: $0.00058–$0.00061
Next Target: $0.00065 if resistance breaks with volume.
A breakdown below $0.00055 could expose $0.00052 and $0.00049 as potential downside zones. Buyers need to reclaim nearby resistance to shift momentum back upward.
Pro Tip: Watch the reaction around $0.00055 closely. Strong buying volume and a clean reclaim can support a recovery setup, while weak rebounds may lead to another sell-off. Avoid chasing sudden spikes and keep position size controlled.
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