MEW Price: Is Cat In A Dog's World About To Steal The Show?

MEW encounters resistance at the 50% Fib level currently

• Solana-based meme coin $MEW has experienced a notable 21% price surge subsequent to its major listing on Bithumb.

• The #Cat In A Dogs World price analysis indicates MEW is gearing up for a bullish rally, exhibiting signs of a trend reversal.

• Following the breach of the bullish pennant pattern, the price appears poised to retest recent highs.

• Notably, MEW's price currently trades above both the 50 and 200 simple moving averages, with the moving average cross further bolstering bullish sentiment.

• According to Coin Gabbar analysis,  In an ideal scenario, continued bullish momentum above the pennant pattern could spark a rally, aiming to reclaim the all-time high at $0.009300.

• Conversely, failure by bulls to surpass recent highs may prompt a pullback, potentially leading to a test of the channel trendline.

KEY LEVELS :

RESISTANCE LEVEL : $0.006500-$0.009300

SUPPORT LEVEL : $0.004000-$0.002800

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